"Proposed Model by Tose’e T’avon Bank on Suggested Operational Models for Actualizing the Murabaha Contract" was approved at the 119th session as follows:

a) The bank shall first purchase the Murabaha sbject from sellers on its own behalf and transfer the amount to the sellers' accounts. Subsequently, the bank shall sell the purchased items to the customer under a Murabaha contract and then instruct the customer to receive the goods from the seller.

b) The bank reserves the right to terminate the contract if the customer fails to take delivery of the Murabaha subject.

c) Issuing special deposit certificates based on the Murabaha contract is permissible.

d) Tose’e T’avon Bank Bank shall implement the said scheme on a trial basis with a one-year maturity period, execute the scheme accordingly, and submit periodic reports to the Secretariat of the Shariah Council.