Compound Murabaha contract

Rashid, Shaker Mahmoud Shaker

doi:10.63677/jqlap.2025.159735.1331

	Compound Murabaha contract
AL-Qadisiya Journal For Law and Political Sciences
Article 33, Volume 16, Issue: 2 part 1, September 2025, Pages 725-744 PDF (1002.37 K)
Document Type: Research Paper
DOI: 10.63677/jqlap.2025.159735.1331
Author
Shaker Mahmoud Shaker Rashid^*
University of Kirkuk / College of Law and Political Science
Abstract
There are several types of sales according to the provisions of Islamic Sharia, including barter sales, mu'ata sales, exchange sales, and salam sales, in addition to murabaha sales, which are classified as trust sales that have been practiced throughout the ages. In light of modern developments, contemporary jurists have developed a new formula for this type of sale, known as the "complex murabaha sale contract" or "murabaha sale to the purchase orderer." It is applied in Islamic banks as an investment mechanism that meets the needs of clients and is considered a legitimate alternative to the usurious transactions practiced in conventional banks. The compound Murabaha sale contract is the basis upon which Islamic banks rely in their financial transactions. It is used as a legitimate alternative to prohibited usurious transactions, based on the provisions of Islamic Sharia. This contract has contributed to meeting the needs of individuals. Especially for those with limited income who face difficulties in obtaining the necessary liquidity to purchase their necessities, this has enabled them to acquire essential goods and services, including household items, craft and professional tools, and others, through a financing mechanism that complies with Sharia regulations.
Keywords
Contract; Murabaha; Vehicle; Banks; Islamic

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