What is the ruling on murabahah sales? It is a type of sale in which one borrows money from a person in exchange for the lender taking a profit from the sale!
Machine translationRead the Arabic original
The questioner : A question, O Shaykh, and a very important one at that. I asked you this question yesterday at midday, and you told me you did not have an answer then.
The Shaykh: Yes.
The questioner : The question is about the murabahah bank. The murabahah is that he pays to buy goods for me.
The Shaykh : It is not permissible.
The questioner : He buys goods for me.
The Shaykh : It is not permissible.
The questioner : It is not permissible!
The Shaykh: No.
The questioner : And I buy them back again.
The Shaykh : It is not permissible.
The questioner : It is not permissible. Now, regarding my matter: this man wants to pay me the amount for my deal, which is approximately forty thousand dinars in value. He wants to pay the full amount so that I can take the deal at the price I want, and in return, he gets thirty percent. Is that okay with you, O our Shaykh?
The Shaykh : Yes, I do not understand.
The questioner : Okay, I am going to get a deal for honey from outside, a honey deal.
The Shaykh : Honey?
The questioner : Yes, its price is forty thousand dinars, fifteen tons.
The Shaykh: All right.
The questioner : I do not have the full amount to pay for this honey.
The Shaykh : Yes.
The questioner : Customs and whatnot, and the full amount of money.
The Shaykh : Yes.
The questioner : So he wants to pay me the full amount, and in doing so, he takes thirty thousand, or thirty percent, as a profit margin from the net profit.
The Shaykh : It is not permissible.
The questioner : Why?
The Shaykh : Because it is riba.
The questioner : How so, O our Shaykh?
The Shaykh : Riba.
The questioner : Ah, okay, another question, O our Shaykh, to clarify...
The Shaykh : Another one? This is the fourth time.
The questioner : Yes?
The Shaykh : Another one? This is the fourth time.
The questioner : Excuse me, O our Shaykh. We are burdening you, O our Shaykh.
The Shaykh : Yes, but...
The questioner : May Allah preserve you, I am the brother of Sami.
The Shaykh : That is enough for now.
The questioner : Let him finish the matter.
The Shaykh : It is finished. This is riba, and it is not permissible.
The questioner : Absolutely not?
The Shaykh : Not at all.
The questioner : I mean, if he gave me money in exchange for a profit-sharing ratio, which we call a mudarabah.
The Shaykh : He gives you money, not a fixed percentage, but a partnership based on the ratio of his money and your money.
The questioner : I do not have any money at all, I have no money; he is covering the full amount.
The Shaykh : Okay, it is not permissible. So, what do you get from behind this money?
The questioner : The money, I mean...
The Shaykh : What do you get from it, the profit?
The questioner : Yes?
The Shaykh : What do you get, profit from behind this money?
The questioner : Seventy percent will come to me.
The Shaykh : Seventy percent will come to you?
The questioner : Yes, from the net profit. We do not know how much it will be, depending on the sale. We did not specify a certain profit from the capital, but a profit ratio relative to the total profit, divided in the ratio of seventy to thirty.
The Shaykh : So you want to be...
The questioner : A financier.
The Shaykh : Excuse me, may Allah guide you.
The questioner : Okay, okay.
The Shaykh : Do you want to be a partner in a mudarabah with your work and your desire?
The questioner : Yes, yes.
The Shaykh : And he with his money.
The questioner : Yes.
The Shaykh : Okay, and you two agreed that he gets one-third and you get two-thirds.
The questioner: Ah, yes.
The Shaykh: All right.
The questioner: Yes.
The Shaykh : Make it easy for me, but I want to ask you a question.
The questioner: Go ahead.
The Shaykh : If the capital is lost, what is the agreement between you and him?
The questioner : The question is about this matter.
The Shaykh : Yes, may Allah guide you, did you not open this topic yourself?
The questioner : O our Shaykh, we have not finished the question yet.
The Shaykh : Yes, may Allah guide you.
The questioner : I will clarify the question for you now.
The Shaykh : Yes, clarify it so we can see.
The questioner : He wants, in exchange for the forty thousand he wants to give me and enter into a one-third share with me, he wants a material guarantee, real estate or a car worth this amount.
The Shaykh : Yes...
The questioner : Meaning he puts his hand on it in case of loss.
The Shaykh : This is not the answer to my question, may Allah guide you. Look, do you know?
The Shaykh: Yes.
The questioner : The question is about the murabahah bank. The murabahah is that he pays to buy goods for me.
The Shaykh : It is not permissible.
The questioner : He buys goods for me.
The Shaykh : It is not permissible.
The questioner : It is not permissible!
The Shaykh: No.
The questioner : And I buy them back again.
The Shaykh : It is not permissible.
The questioner : It is not permissible. Now, regarding my matter: this man wants to pay me the amount for my deal, which is approximately forty thousand dinars in value. He wants to pay the full amount so that I can take the deal at the price I want, and in return, he gets thirty percent. Is that okay with you, O our Shaykh?
The Shaykh : Yes, I do not understand.
The questioner : Okay, I am going to get a deal for honey from outside, a honey deal.
The Shaykh : Honey?
The questioner : Yes, its price is forty thousand dinars, fifteen tons.
The Shaykh: All right.
The questioner : I do not have the full amount to pay for this honey.
The Shaykh : Yes.
The questioner : Customs and whatnot, and the full amount of money.
The Shaykh : Yes.
The questioner : So he wants to pay me the full amount, and in doing so, he takes thirty thousand, or thirty percent, as a profit margin from the net profit.
The Shaykh : It is not permissible.
The questioner : Why?
The Shaykh : Because it is riba.
The questioner : How so, O our Shaykh?
The Shaykh : Riba.
The questioner : Ah, okay, another question, O our Shaykh, to clarify...
The Shaykh : Another one? This is the fourth time.
The questioner : Yes?
The Shaykh : Another one? This is the fourth time.
The questioner : Excuse me, O our Shaykh. We are burdening you, O our Shaykh.
The Shaykh : Yes, but...
The questioner : May Allah preserve you, I am the brother of Sami.
The Shaykh : That is enough for now.
The questioner : Let him finish the matter.
The Shaykh : It is finished. This is riba, and it is not permissible.
The questioner : Absolutely not?
The Shaykh : Not at all.
The questioner : I mean, if he gave me money in exchange for a profit-sharing ratio, which we call a mudarabah.
The Shaykh : He gives you money, not a fixed percentage, but a partnership based on the ratio of his money and your money.
The questioner : I do not have any money at all, I have no money; he is covering the full amount.
The Shaykh : Okay, it is not permissible. So, what do you get from behind this money?
The questioner : The money, I mean...
The Shaykh : What do you get from it, the profit?
The questioner : Yes?
The Shaykh : What do you get, profit from behind this money?
The questioner : Seventy percent will come to me.
The Shaykh : Seventy percent will come to you?
The questioner : Yes, from the net profit. We do not know how much it will be, depending on the sale. We did not specify a certain profit from the capital, but a profit ratio relative to the total profit, divided in the ratio of seventy to thirty.
The Shaykh : So you want to be...
The questioner : A financier.
The Shaykh : Excuse me, may Allah guide you.
The questioner : Okay, okay.
The Shaykh : Do you want to be a partner in a mudarabah with your work and your desire?
The questioner : Yes, yes.
The Shaykh : And he with his money.
The questioner : Yes.
The Shaykh : Okay, and you two agreed that he gets one-third and you get two-thirds.
The questioner: Ah, yes.
The Shaykh: All right.
The questioner: Yes.
The Shaykh : Make it easy for me, but I want to ask you a question.
The questioner: Go ahead.
The Shaykh : If the capital is lost, what is the agreement between you and him?
The questioner : The question is about this matter.
The Shaykh : Yes, may Allah guide you, did you not open this topic yourself?
The questioner : O our Shaykh, we have not finished the question yet.
The Shaykh : Yes, may Allah guide you.
The questioner : I will clarify the question for you now.
The Shaykh : Yes, clarify it so we can see.
The questioner : He wants, in exchange for the forty thousand he wants to give me and enter into a one-third share with me, he wants a material guarantee, real estate or a car worth this amount.
The Shaykh : Yes...
The questioner : Meaning he puts his hand on it in case of loss.
The Shaykh : This is not the answer to my question, may Allah guide you. Look, do you know?
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.