Islamic Murabahah in Banks

Question:
The questioner says: What is the ruling on Islamic murabahah (a cost-plus sale) at the National Islamic Bank, where they purchase the item and then sell it? Please inform us about this, as I am about to buy a car from them? Is it the National Islamic Bank or just the National Bank?

Answer:
The point is that they say whatever they want, and we do not know about it. If the meaning is that they take your money and buy and sell with what Allah has permitted, sharing the profit between you and them, then this is the blessed partnership. They manage the money and buy and sell with lawful goods in the prescribed manner, and it is a partnership. This is ignorance. This is what the hadith forbids. This is the first situation. But if it is otherwise, it is in the Fire. These are riba (usury or interest) banks. It is not an Islamic mudarabah (a profit-sharing partnership), nor an Islamic murabahah (a cost-plus sale). This is bank murabahah. They call it Islamic. Do they not mislead the people?