The source states that if tangible assets are more than 51% and liquidity plus debts remain below 50%, fund units may be negotiable.
If liquidity and debts exceed 50%, the majority contemporary view described does not allow secondary-market trading of the units, so the fund should be closed-end.
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Murabahah Funds, Sale of Debt (بيع الدين) and Mixed Funds
The source states that if tangible assets are more than 51% and liquidity plus debts remain below 50%, fund units may be negotiable.
If liquidity and debts exceed 50%, the majority contemporary view described does not allow secondary-market trading of the units, so the fund should be closed-end.