What is the ruling on dealing with Zitouna Bank, which adopts murabahah with a fixed profit margin or a percentage of the original acquisition cost?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
A Murabaha contract is a sale at the initial price of the commodity with a known profit margin. It is permissible by scholarly consensus as long as the price and profit are known to both contracting parties. However, ruling on a Murabaha transaction with a specific bank depends on knowing the terms of the contract and the nature of the transaction.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/155775
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- Ftawy
- Original fatwa ID
- 155775
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- . This is when the answer was added to El Fatwa, not the fatwa's date.
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- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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- Read the full answer on Ftawy