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Fatwa on Commercial Banking | Related Matters | Wakalah
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A Shari‘ah-Compliant Alternative to an Option Contract

Published in Wakalah Written by Administrator
Tagged under
  • Kuwait Finance House

An Islamic Bank Paying a Customer’s Credit Card Bill from His Deposited Funds

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Appointing the Original Seller as an Agent, and Making Him a Guarantor for the Price

Published in Wakalah Written by Administrator
Tagged under
  • Kuwait Finance House

Appointing the Original Seller as an Agent, and Making Him a Guarantor for the Price (2)

Published in Wakalah Written by Administrator
Tagged under
  • Kuwait Finance House

Can a Contractor Sub-Contract a Job?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can a Customs Clearing Agent Charge Different Fees Based on the Value of the Goods?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can a Mudarib Sell What He Owns to His Principal without Seeking the Principal’s Permission?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can a Sales Agent Be Paid a Fixed Fee Plus an Incentive Commission?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can a Trucking Company Charge Its Truckers a Commission for Acting as an Intermediary with the Government?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can an Agent Be a Guarantor?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can an Agent for Collecting Payment from a Buyer Act as the Buyer’s Guarantor?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can an Agent Sell Something on Behalf of One Legal Entity and Buy It on Behalf of Another?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can an Islamic Bank Charge a Commission on Credit Card Transactions?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can an Islamic Bank Charge a Fee for Issuing a Bank Draft?

Published in Wakalah Written by Administrator
Tagged under
  • Kuwait Finance House

Can an Islamic Bank Make Its Indebted Customer Its Agent to Sell the Property He Earlier Bought in Order to Refinance with a Usurious Bank?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can Restricted Agency Be Used as Justification for an Islamic Bank Guaranteeing a Certain Rate of Return to Its Depositors?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can the Agent Be the Guarantor of the Goods While They Are in His Possession?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can the Agent Sell His Own Goods to the Principal without Disclosing That Fact?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can the Bank Appoint the Merchant as Its Agent for Storing Purchased Goods, Selling Them to Clients, and Collecting the Price, with the Agent Being Liable for the Price?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

Can the Principal Restrict the Agency in Terms of Time, Place, Task, Amounts, Deadlines, Etc.?

Published in Wakalah Written by Muhammad Shuhir
Tagged under
  • Kuwait Finance House

More...

Can the Principal Stipulate upon the Agent That He Use the Principal’s Ships when Shipping?

Depositing Gold with a Moneychanger and Authorizing Him to Sell It to Himself or Someone Else on Behalf of the Depositor

Discovering after the Sale that the Seller Was the Agent of the Real Owner

Dual Role Of Agent

Guarantee By The Agent

If a Credit Card Holder’s Account with the Bank Is in Local Currency but Visa Charges in Dollars, How Is the Customer to Be Charged?

Is It Allowed to Take a Fee from a Credit Card Holder for Acting as His Agent for Payment?

Making an Agent Liable

Making the Original Seller the Bank’s Agent to Sell the Purchased Products to a Previous Prospective Customer

Must the Buying Agent Inform the Seller That He is Acting as an Agent?

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