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ISLAMIC-FINANCE5 MIN READ

Explain why mudarabah cannot promise a guaranteed return

Respond to a client request for guaranteed return in a mudarabah-style product.

Mr. Rahman MR Corporate treasury client 1 Acknowledge 2 Clarify 3 Offer path Client pressure 20 sec The moment Mr. Rahman wants a guaranteed 5.25% return on a mudarabah-style investment account. He has a conventional quote in hand and wants an answer before noon. A careless guarantee can undermine the product's Shariah basis and create mis-selling risk. 5.25% requested guaranteed return 1 sentence can turn expectation into promise

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