This standard covers the Murabahah transaction and its various stages, the issues relating to guarantees before concluding a Murabahah deal such as promise, Hamish Jiddiyyah (security deposit) and issues relating to guarantees for recovery of the debt created by the Murabahah transaction.

This standard does not cover deferred payment sales that take place on a basis other than that of Murabahah. It also does not cover other trust and bargaining sales.

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