Continued…… Markup: Does the Islamic Shariah regard mark-up ?
{"Image DocumentName": "Continued\u2026\u2026Markup: Does the Islamic Shariah regard mark-up ?", "Image ImageDescription": "In its operations, structure and use, mark-up resembles interest.... if the Shariah accepts mark-up as valid, it is left with no basis to reject interest.... Shariah jurists cannot reject interest if they accept mark-up . [Dr Aqdas Ali Kazmi raises (Dawn, May )]. the possible modus operandi of time valuation according to the precepts of the Shariah. diff.of opinion among the jurists on the Shariah position of the diff. in cash and credit prices of a commodity. consensus among the Shariah scholars that credit price of a commodity can genuinely be more than its cash price. Islamic Fiqh Academy of the OIC and Shariah Boards of all Islamic banks approve the legality of this difference.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}