Murabaha as a form of financing in Islamic banks

Abstract

Islamic banking depends on different Islamic financing mechanisms and in various forms according to the type of financing, and this is in accordance with the legal regulations and the principles of our true religion. The contract, with its two types, internal and external, has great economic importance for the state, as it enables individuals or institutions to meet their needs, whether local or external, and to obtain them in a legitimate way when dealing with Islamic banks, Where banks play an effective economic role in supporting local economic projects and opening the field of halal financing to individuals who are committed to their religion, thus liberating them from the usurious restrictions imposed on them by traditional banks. The great importance of the Murabaha financing mechanism increased its spread, which encouraged Islamic banks to set conditions and controls on which this mechanism operates in order to avoid falling into mistakes and suspicions and to follow the values and principles that the Islamic religion came with