Sometimes the Islamic bank receives request from some of its customers to include in Murabahah financing some components other than the cost of the goods, such as shipping charges, import duty, inspection charges, etc.
Fatawa Question
An Islamic bank has raised the following query. Sometimes the Islamic bank receives requests from some of its customers to include in Murabahah financing some components other than the cost of the goods, such as shipping charges, import duty, inspection charges, etc. Sometimes these claims are mentioned in the commercial invoice for the goods, and sometimes it is in a separate bill but with reference to the same transaction. Shariah guidance is required in this regard, if such amounts may be financed under the Murabahah structure.
Fatwa
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Publisher
Publication Date
2015-04-29
Country of Publication
Malaysia
Main Subjects
Economics & Business Administration
Islamic Studies
Data Type
Fatawa
Language
English
Record ID
BIM-783028
American Psychological Association (APA)
Hassan, Husayn Hamid. 2015-04-29. Sometimes the Islamic bank receives request from some of its customers to include in Murabahah financing some components other than the cost of the goods, such as shipping charges, import duty, inspection charges, etc.. . Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-783028
Modern Language Association (MLA)
Hassan, Husayn Hamid. Sometimes the Islamic bank receives request from some of its customers to include in Murabahah financing some components other than the cost of the goods, such as shipping charges, import duty, inspection charges, etc.. Kuala Lumpur Malaysia : Islamic Finance News. 2015-04-29.
https://search.emarefa.net/detail/BIM-783028
American Medical Association (AMA)
Hassan, Husayn Hamid. 2015-04-29. Sometimes the Islamic bank receives request from some of its customers to include in Murabahah financing some components other than the cost of the goods, such as shipping charges, import duty, inspection charges, etc.. Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-783028
