Evaluate the Shariah issues that may trigger in the event that BNM and/or AAOIFI Shariah standards are not complied with.

a) The review committee of Bank (A) upon checking the executed contracts of commodity murabahah, realised that in one contract, the bank sold the commodity to the customer before it purchased it from the commodity broker.

i) Examine the Shariah issues related to this transaction.

ii) Propose a treatment to this transaction in the event that the finding was a month later and the bank has gained some profit from the customer.