Murabahah and installment sale : are carbon credits Shari’ah compliance ?

Fatawa Question

Dear Dr. Monzer, Assalamu Alaykum Wa Rahmatu Allahi Wa Barakatuh, I read a little about carbon credit but didn't really get the idea. Is it payments by companies which its activities involve carbon emission ? And to whom ? I read that it is a future contract and a kind of speculation ? How these credits are issued ? Who would trade these credits ? I know this is not related to Islamic banking, but is there anything that you could refer me to, to explain this idea ? Thank you and regards, Nada

Fatwa

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Publication Date

2010-05-06

Main Subjects

Religion
Law
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-734530

American Psychological Association (APA)

Qahf, Mundhir. 2010-05-06. Murabahah and installment sale : are carbon credits Shari’ah compliance ?. .
https://search.emarefa.net/detail/BIM-734530

Modern Language Association (MLA)

Qahf, Mundhir. Murabahah and installment sale : are carbon credits Shari’ah compliance ?. 2010-05-06.
https://search.emarefa.net/detail/BIM-734530

American Medical Association (AMA)

Qahf, Mundhir. 2010-05-06. Murabahah and installment sale : are carbon credits Shari’ah compliance ?.
https://search.emarefa.net/detail/BIM-734530