Murabaha, Ijarah, Musharakah, Mudarabah, and Wakalah — annotated review with clause alternatives. We advise on Shariah structure; your Hong Kong lawyers draft and execute enforceable documents.
4.1 Price
The Purchaser shall pay the interest rate of 5% p.a.agreed profit margin of HK$48,000 on the deferred payment date.
Shariah commentRemove riba language; profit must be fixed upfront and tied to a real asset sale — not a time-value charge on money.
7.2 Default
Late payment shall attract penalty interestcharitable donation (ta'widh) to nominated charity as per Shariah board parameters.
Alternative clauseWe supply compliant wording options for your counsel to adapt under HK law.
Contract types
What we review
MurabahaCost-plus sale, asset ownership chain, deferred payment terms.
IjarahLease structure, maintenance, transfer options, sub-lease.
MusharakahPartnership capital, profit share, loss allocation, exit.
MudarabahCapital provider vs manager roles, profit split, restrictions.
WakalahAgency fees, scope of authority, conflict disclosure.
What we do
Annotated Shariah review
Document mark-up
We read your draft (English or Arabic) and flag clauses that conflict with the nominated Aqad — riba, excessive gharar, impermissible penalties, missing asset transfer, or guarantee structures that undermine the Islamic form.
Clause alternatives
For each critical finding we suggest compliant wording alternatives. Your lawyers adapt these for Hong Kong enforceability and your commercial terms.
What you get
Review output
Advisory memo
Summary opinion: contract type assessment, severity-rated findings (critical / moderate / editorial), and sign-off recommendation for your internal records.
Annotated document
PDF or Word comments inline on the draft — same format our bank clients receive, scaled for SME and mid-market commercial deals.
Hong Kong enforceability: Shariah compliance and legal enforceability are separate questions. We advise on Islamic commercial structure; your Hong Kong solicitor ensures the document is valid, registrable, and enforceable under local law. We are not a law firm and do not provide legal advice.
2ScopeFixed fee confirmed — from HK$3,000 depending on length and complexity.
3ReviewScholarly analysis with inline annotations (typically 5–10 business days).
4WalkthroughOptional call with your legal team to discuss findings and alternatives.
Do you draft the contract?
No. We comment and suggest Shariah-compliant alternatives. Legal drafting, negotiation, and execution remain with your lawyers.
Can you review templates we reuse?
Yes. Master templates for repeated Murabaha or Ijarah deals are efficient — we review once and flag when material law or product changes require re-review.
Does Shariah approval mean the contract is legally binding?
Shariah approval addresses religious permissibility. Legal validity under Hong Kong law is for your solicitor to confirm.
What languages do you accept?
English and Arabic drafts. Bilingual documents are reviewed in both languages where provided.
Have a commercial contract to review?
Send a redacted draft — Murabaha, Ijarah, partnership, or agency — from HK$3,000 with annotated findings.
