Islamic banks cannot charge interest on lending, therefore, they have to find other ways of financing entrepreneurs who are not...

1. A sale in which the parties agree that the payment of price shall be deferred is called a “Bai’ Mu’ajjal”. 2. Bai’ Muajjal is valid if...

It is already mentioned that the transaction of murabahah contemplates the concept of cost-plus sale, therefore, it can be effected only...