Once a Murabahah sale price is fixed, it cannot be increased because payment is late. The sale has already created a fixed debt.
Similarly, rolling over the same Murabahah into a new sale after default is not valid, because the commodity has already been sold and cannot simply be sold again to the same customer as a device for increasing the debt.
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Islamic Banking: Operational Mistakes and the Way Forward
Once a Murabahah sale price is fixed, it cannot be increased because payment is late. The sale has already created a fixed debt.
Similarly, rolling over the same Murabahah into a new sale after default is not valid, because the commodity has already been sold and cannot simply be sold again to the same customer as a device for increasing the debt.