According to Foster, this practice of “shopping” for an Islamic scholar, a fatwa that attests that a bank product obeys the Shari`ah law, means that “best scholars” earn “six-figure sums” for each fatwa, and Islamic financing mechanisms that appear to be external mortgages “dressed” in Arabic terminology, such as Mudarabah or Ijarah (leasing contracts).  Murabahah is roughly similar to a conventional mortgage transaction (for housing) or lease-purchase/”scaly plan” agreements (for furniture or appliances) since the financier himself buys the item and sells it to the customer who pays the financier in increments, instead of lending money to a buyer for the purchase of an item and having the buyer repay. Unlike traditional financing, the bank is compensated for the present value of its money in the form of “profits” and not interest, and any penalty for late payments is given to charity and not to the financier.  [Note 7] However, other sources indicate that the borrower may pay a surcharge if the supplement is optional and not contractual.  Some financial institutions offer lenders products called qardh-ul hasan, which do not charge interest but charge additional administrative fees.  There are also savings account products called qardh-ul hasan (the “credit” is a deposit into a bank account) in which the debtor (the bank) can pay an additional amount beyond the main amount of the loan (known as Hibah, literally gift) as a sign of revaluation to the creditor (depositor). Nor does they (theoretically) violate Orthodox Sharia if the supplement has not been promised or agreed beforehand with the account/loan contract.  Differences between boards of directors on what constitutes respect for Sharia law can create “doubts in the minds of customers” as to whether a particular bank actually complies with Sharia law and should continue to operate.  “Sharia`s finance (Islamic banking) is a new weapon in the arsenal of this, What could be described as a fifth-generation war (5GW), the terrorism expert and author of Funding Evil: How Terrorism is Financed and How to Stop It Rachel Ehrenfeld and investigative journalist Alyssa A.
Lappen, who wrote in “Pirates, Terrorists, and Warlords” by counterterrorism expert Jeffrey H. Norwitz. They added that “Shari`a is the series of Islamic laws established by Muslim jurists on the basis of the Koran and the actions of the Prophet Muhammad,… Its ultimate goal is to create forever a world entirely dominated by Islam and strict shari`a laws.