Is Murabaha, as conducted by Qatar Islamic Bank in Qatar, permissible, and does the bank adhere to the regulations of controlled Murabaha?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Tawarruq (monetization) is derived from "waraq," which means silver. The true tawarruq is when a needy person buys a commodity for a deferred price, then sells it for an immediate cash price due to their need for money, and this is permissible. However, organized tawarruq is predominantly considered unlawful (). It is not possible to rule on the tawarruq conducted by Qatar Islamic Bank due to changes in its transactions; one must refer to the bank's Supervisory Board.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/159519
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 159519
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy