Case 1: Inventory was acquired for Rs 20,000. That first price is determinate and can be disclosed reliably.
Case 2: Inventory was acquired in exchange for a unique antique of uncertain market value. Calling an estimated valuation “the amount I paid” would misrepresent the first bargain.
The commentaries discuss qualifications and special situations. This lesson teaches the basic governing rule stated by Quduri, not an exhaustive treatment of unusual barter contracts.
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Murabahah and Tawliyah: Cost, Profit and Misstatement
Case 1: Inventory was acquired for Rs 20,000. That first price is determinate and can be disclosed reliably.
Case 2: Inventory was acquired in exchange for a unique antique of uncertain market value. Calling an estimated valuation “the amount I paid” would misrepresent the first bargain.
The commentaries discuss qualifications and special situations. This lesson teaches the basic governing rule stated by Quduri, not an exhaustive treatment of unusual barter contracts.