Answer to the Question Regarding the Murabaha contract To: Muhammad Abdallah (Translated)
- Published in Q&A
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Question Assalamu Alaikum Wa Rahamatullah Wa Barakaatuu Our Sheikh and Ameer, Ata Bin Khalil Abu Al Rashtah, my question is: what is the ruling on the profit sales contract (Murabaha)? Is it permitted, fasid, or batil (invalid)? It so happened that some of our brothers made an agreement using the Murabaha contract -after some time - they realised that it is invalid. The first party who paid the capital, received…
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