Murabahah: Appendix C - Brief History of the Preparation of the Standard
In its meeting No. (1) held on 11 Dhul-Hajjah 1419 A.H., corresponding to 27 February 1999 A.D., the Shariah Board decided to give priority to the preparation of a Standard setting out the Shariah rules for Murabahah.
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On Tuesday 13 Dhul-Hajjah 1419 A.H., corresponding to 30 March 1999 A.D., the Fatwa and Arbitration Committee recommended to the Shariah Board the commissioning of a Shariah consultant to prepare a juristic study and an exposure draft of the Shariah Rules for Murabahah.
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