Under Abu Yusuf, established misstatement in murabahah calls for correcting both the dishonest amount and the profit proportion attached to it. The stated margin is applied to the true basis.
Example: declared first cost Rs 1,000, profit 20%, quoted price Rs 1,200. True cost is Rs 800.
Corrected price: Rs 800 + 20% profit (Rs 160) = Rs 960.
The deduction is Rs 240, not just Rs 200, because the Rs 40 profit attached to the false cost increment also falls away.
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Murabahah and Tawliyah: Cost, Profit and Misstatement
Under Abu Yusuf, established misstatement in murabahah calls for correcting both the dishonest amount and the profit proportion attached to it. The stated margin is applied to the true basis.
Example: declared first cost Rs 1,000, profit 20%, quoted price Rs 1,200. True cost is Rs 800.
Corrected price: Rs 800 + 20% profit (Rs 160) = Rs 960.
The deduction is Rs 240, not just Rs 200, because the Rs 40 profit attached to the false cost increment also falls away.