For the J Company financing agreements using Risk Free Rates

For the J Company financing agreements using Risk Free Rates

All praise is due to Allah, the Cherisher of the World, and Peace and Blessing be upon the Prophet of Allah, his Family and all his Companions. 

The Sharia Committee reviewed the financing agreements of J Company, which are based on multiple Murabahas previously approved by the committee in its pronunciation (8-123  )

 After studying and discussing the agreements, the Committee did not see Sharia objection and approved the agreements.

Allah Knows best.