[Settlement of debt of Murabaha sale in another currency at the rate current on the day of settlement bettwen the Islamic bank and client]

Fatawa Question

Is it permissible for the Islamic bank and its client to agree on settlement of debt of Murabaha sale in another currency at the rate current on the day of settlement ?

Fatwa

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Publisher

Aafaq Center for Research in Islamic Economy

Publication Date

2015-07-12

Country of Publication

United Arab Emirates

Main Subjects

Financial and Accounting Sciences
Religion
Law
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-723975

American Psychological Association (APA)

Aafaq Center for Research in Islamic Economy (Dubai, United Arab Emirates). 2015-07-12. [Settlement of debt of Murabaha sale in another currency at the rate current on the day of settlement bettwen the Islamic bank and client]. . Dubayy United Arab Emirates : Aafaq Center for Research in Islamic Economy.
https://search.emarefa.net/detail/BIM-723975

Modern Language Association (MLA)

Aafaq Center for Research in Islamic Economy (Dubai, United Arab Emirates). [Settlement of debt of Murabaha sale in another currency at the rate current on the day of settlement bettwen the Islamic bank and client]. Dubayy United Arab Emirates : Aafaq Center for Research in Islamic Economy. 2015-07-12.
https://search.emarefa.net/detail/BIM-723975

American Medical Association (AMA)

Aafaq Center for Research in Islamic Economy (Dubai, United Arab Emirates). 2015-07-12. [Settlement of debt of Murabaha sale in another currency at the rate current on the day of settlement bettwen the Islamic bank and client]. Dubayy United Arab Emirates : Aafaq Center for Research in Islamic Economy.
https://search.emarefa.net/detail/BIM-723975