Difference between Musawamah and Murabaha transactions

By |2023-03-27T09:03:36+00:00September 14th, 2020|Fatwas, Islamic banking and finance|

Can you tell us what is the difference between Bai’ al Musawamah and Murabaha? In a Musawamah transaction, the buyer of an asset is not aware of the cost incurred by the seller. In contrast, in a Murabaha transaction, the seller must inform the buyer of the cost of the underlying asset. Ibn Rush (the [...]