Islamic products

Islamic products

The following Value Added Tax guidance note Tolley provides comprehensive and up to date tax information covering:

  • Background
  • Basic price plus ‘profit’ (Murabaha)
  • Price plus ‘profit’ involving commodity transactions (commodity Murabaha)
  • Reverse of the price plus ‘profit’ involving commodity transactions (reverse Murabaha)
  • Lease only (Ijara)
  • Lease and purchase (Ijara-wa-Iqtina)
  • Shared ownership (diminishing Musharaka)
  • Current and savings accounts (Mudaraba)
  • Agency (Wakala)
  • Intermediary services
  • More...
This content is no longer in use on TolleyGuidance
This content is no longer in use on TolleyGuidance
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