First Question

The following transactions have been inspected by the shariah compliance committee and are considered to be incompliant with shariah provisions, justify this decision.

1. A customer would like to buy some precious pieces of silver-based on a catalog picture; the supplier will deliver the pieces through Aramex as long as he received the price.

2. An Islamic bank manager decided to discounted half of the seriousness deposit (Hamish AlJiddiah) for any customer who breaks his promise in Murabaha contracts to control such blamed behavior.

3. The risk management committee in an Islamic bank recommends imposing a compulsory condition on all farmers dealing with this bank in Salam contracts, including paying half of the price on contract time and to the rest on the delivery date, and that is for minimizing default risk for those farmers.

4. A well-known investment fund signed a Mudarabah contract with an investor to invest his fund in the financial market, the contract includes that the investment manager will receive a monthly salary of JD 2000 in addition to his share of the profit.

5. Due to financial insolvency for a customer, the capital lease contract has been terminated in the middle of the planned period contract, the bank decided that the lessee will lose his rights all the payments have been made because the contract is a lease, not a sale contract.