murabahah
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Murabahah with Wakalah? Is it OK?
Murabahah is one of the most popular financing products in Islamic banking, where the bank buys goods on behalf of the customer and resells them to the customer with an agreed profit margin. Meanwhile, wakalah is a representative contract in which a person or institution appoints another party to perform an action on their behalf. The combination of these two…
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Profit Sharing in Mudarabah and Musyarakah, Is It Allowed?
One of the things that is usually required by one of the parties in Mudharabah and Musyarakah is profit sharing with a certain amount, an example is as follows: Example: “I will deposit my capital of 30 million with the condition that I get a fixed profit sharing of 10% per month (3 million per month)” “I as an investor…
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