Financing requirements take different forms. They can be met by making funds available or by signature in the form of a current account advance or a loan repayable by instalments. In terms of financing by making funds available, participative banks offer Murabahah credit as an alternative to traditional fixed-term credit as defined by article 3 of law 103-12. For individuals, this contract is used to finance the purchase of consumer goods and property. Consequently, it must comply with the legal provisions of Law 31-08 enacting consumer protection measures. This paper presents the Murabahah contract, the legal status of this contract under Moroccan law and analyses the conformity of this contract with the provisions of Law 31-08.
KeywordsMurabahahMuslim Business LawCredit TransactionConsumer Protection
Abu Ghadah, A. (1988). Uslūb al-Mourabaha Wa Al-jawânib Al-Shar‘iyah Al-Tatbīqiyah Fi Al-Masârif Al-Islâmiyah. Kitab Majalah Mujama‘ Al-Fiqh Al-Islâmī, No. 5, 894-913.
Abu Ghadah, A. (2001). Al-Qirâd aw al-Mudârabah al-mushtarakah fi al-mu’assassât al mâliyah al Islâmiyah, Majalah mujama’ Al-fiqh Al-Islâmī, jadah, Vol. 13.
Al-’Am īne, M. H. (1987). Al-Mudârabah Al-Shar’iyah wa Tatbīqâtuh al-hadīthah. Publication du Islamic Development Bank.
Al-Amīne, H. A. (2009). Al-Istithmâr Al-Lâ-Ribawi Fi Nitâq ‘aqd Al-Mourabaha. Institute of Islamic Economics, King Fahd University, Saudi Arabia. https://iefpedia.com/arab/wp-content/uploads/2009/09/ggg1.pdf
al-Ashqar, M. S. (1995). Bay’ Al-Mourabaha Kamâ Tojrīh Al-Masârif Al-Islâmiyah. Dâr al-nafâ’is, Jordan.
Al-Majâjī, M. S. (2001). Ahkâm ‘Aqd Al-Bay’ Fī Al-Fiqh Al-Islamī Al-Mâlikī. Dâr Ibn hazm, Beirut, Lebanon.
Al-Masrī, R. Y. (1988). Uslūb al-Mourabaha Wa Al-jawânib Al-Shar’iyah Al-Tatbīqiyah Fi Al-Masârif Al-Islâmiyah. Kitâb Majalah Mujama’ Al-Fiqh Al-Islâmī, N° 5, 332-373.
Al-Qaradâwī, Y. (1987). Bay’ Al-Mourabaha lil ‘âmir Bi Chirâ’ Kamâ Tojrīh Al-Masârif Al-Islâmiyah (p. 113). Maktabah Wahbah, Cairo, Egypt. https://www.al-qaradawi.net/sites/default/files/pdf/32072-beeaa-almorabaha.pdf
Al-Sâlūss, A. (2008). Fiqh Al-Bay’ Wa Al-’Istīth âq Wa Al-Tatbīq Al-Mu’âsir (7th ed., pp. 1290-1292). Dâr Al-Taqâfah, Qatar.
Al-Sâlūss, A. A. (1988). Al-Mourabaha lil ’ âmir Bi Chirâ’, Nadarât Fi al-Tatbīq Al-‘amalī. Kitâb Majalah Mujama‘ Al-Fiqh Al-Islâmī, No. 5, 786-807.
Al-Sidīq, A.-D. (1988). Al-Mourabaha lil ‘âmir Bi Chirâ’. Kitâb Majalah Mujama’ Al-Fiqh Al-Islâmī, No. 5, 736-745.
Al-Zarqâ, M. (2004). Al-Madkhal Al-Fiqhī Al-’ âm (2nd ed., Vol. 1 et 2). Dâr Al-Qalam, Damascus, Syria.
Bakr Ibn Abdellah Abī Zaid (1988). Al-Mourabaha lil ‘âmir Bi Chirâ’, Bay’ Al-Muwâ’adah. Kitâb Majalah Mujama’ Al-Fiqh Al-Islâmī, N° 5, 717-735.
Ben Khadah, H. (2017). Athar Al-Fiqh Al-Mâlikī Fī Al-Qânūn Al-Madanī Al-Faranssī (p. 99). Thèse de doctorat en droit privé, université Abu Bakr Belqâyd, Algeria.
Fares, L. I. (2023). Financement participatif des petites et moyennes entreprises au Maroc: Cadre juridique et défis. Recherches et Applications en Finance Islamique, 7, 1-20.
Fares, L. I., & Habachi, M. (2019). Le compte courant: Cadre juridique conventionnel et islamique et ses applications dans le financement bancaire participatif. Revue du contrôle, de la comptabilité et de l’audit, 4, 332-356.
Fares, L. I., & Habachi, M. (2020a). Contrat Ijara: Cadre juridique et comptable marocain et rapprochement avec le crédit-bail. Recherches et Applications en Finance Islamique, 4, 230-251.
Fares, L. I., & Habachi, M. (2020b). Contrat Moudaraba: Cadre juridique et comptable au Maroc. Revue Internationale des Sciences de Gestion, 3, 538-563.
Hamâd, N. (1986). Bay'al-Kâli’ bi-l-Kâli’ fĪ l-Fiqh al-IslâmĪ. Islamic Economics Research Centre, Jadah.
Hamâd, N. (1990). Dirâssât Fiqhiyah (pp. 137-138). Dâr Al-Fârruq, Saudi Arabia.
Hamūd, S. H. (1982). TatwĪr Al-’a’m âl Al-Masrifiyah (p. 430). Matba’at AL-Sharq, Oman.
Islamic Fiqh Academy (1988). Resolutions and Recommendations of the Council of Islamic, Fiqh Academy: 1985-2000 (p. 89). Jeddah, Arabie Saoudite, Resolution 43(5/5), Incorporeal Rights.
Jâmi’ Attirmidhī, A. (2007). Īssâ Muhammad, “Jâmi’ Al-TirmidĪ” (Vol. 3). Maktaba Dar-us-Salam, Saudi Arabia.
Qudâmah, I., & Al-Maqdissī, A. M. (1997). Al-MughnĪ fĪ Al-fiqh Al-hanbalĪ (3rd ed., Vol. 6). Dâr ‘Âlam Al Kutub, Saudi Arabia.
Rushd, I. Bidâyatu Al-Mujtahid wa Nihâyatu Al-Muqtasid (Vol. 3). Maktabay Ibn Taymiyah, Egypte, 1415h.
Tariq Ibn ‘Awada Allah Muhammad (2011). Al-Buyū wa Al-Mu'âmâlât al-Mâliyah (1st edition, pp. 134-139). Dār Ibn Al-Qayim, Riyadh.