The Ruling on Murabahah Sales
Machine translationRead the Arabic original
Question:
What is your opinion, Your Eminence, regarding what is called murabahah sales, which some Islamic banks engage in?
Answer:
Murabahah sales, if conducted in accordance with the Shari'ah, are permissible. If he sells it for a known profit, buying the commodity from him for a known profit, or selling the commodity to him for a known profit, there is nothing wrong with it. He says: "I will sell you these cars, each car with a 5% profit or a 10% profit," or "These lands that I bought for such and such, I will sell them to you for a profit of such and such."
What is your opinion, Your Eminence, regarding what is called murabahah sales, which some Islamic banks engage in?
Answer:
Murabahah sales, if conducted in accordance with the Shari'ah, are permissible. If he sells it for a known profit, buying the commodity from him for a known profit, or selling the commodity to him for a known profit, there is nothing wrong with it. He says: "I will sell you these cars, each car with a 5% profit or a 10% profit," or "These lands that I bought for such and such, I will sell them to you for a profit of such and such."
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.