Scribd Logo
Upload

Welcome to Scribd!

  • MUSAWAMAH

    Uploaded by

    Qassam_Best
    71 views1 page
    Musawamah is a sale transaction where the seller does not disclose the acquisition cost or intended profit margin to the buyer. The asset is sold for a negotiated lump sum price agreed upon by both parties, without specifying the underlying cost or profit components.

    Original Description:

    MUSAWAMAH

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Musawamah is a sale transaction where the seller does not disclose the acquisition cost or intended profit margin to the buyer. The asset is sold for a negotiated lump sum price agreed upon by both parties, without specifying the underlying cost or profit components.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    71 views1 page

    MUSAWAMAH

    Uploaded by

    Qassam_Best
    Musawamah is a sale transaction where the seller does not disclose the acquisition cost or intended profit margin to the buyer. The asset is sold for a negotiated lump sum price agreed upon by both parties, without specifying the underlying cost or profit components.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    www.EthicaInstitute.

    com

    MUSAWAMAH
    Denition Of Musawamah
    What is a Musawamah?
    A Musawamah is an ordinary transaction of sale in which neither the cost of acquiring the asset nor
    the prot to be earned from it are disclosed to the client. The asset is sold based on the payment of a
    lump sum price.

    Islamic Finance Questions and Answers

    563

    You might also like