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Contents

Official guidance
VAT Finance Manual

VATFIN8200 · Islamic products: Price plus

  • VATFIN8220 · Islamic products: Price plus "profit": Background
  • VATFIN8240 · Islamic products: Price plus "profit": Basic price plus "profit" (Murabaha)
  • VATFIN8260 · Islamic products: Price plus "profit": Price plus "profit" involving commodity transactions (commodity Murabaha)
  • VATFIN8280 · Islamic products: Price plus "profit": Price plus "profit" using commodity transactions (reverse Murabaha)
  1. Islamic products: Price plus
  2. Islamic products: Price plus "profit": Background

VATFIN8220 | Islamic products: Price plus "profit": Background

From HM Revenue & Customs · VAT Finance Manual

There are three products that use the “price plus ‘profit’” principle – a basic product (called “Murabaha”), one that involves commodity transactions (called “commodity Murabaha”) and a reverse of this (called “reverse Murabaha”).

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