This fatwa defines shari'a bank account financing as the financing of a bank account purusant to shari'a principles. Such an account is financed via an agreement or commitment by a shari'a financial institute to a customer to implement something (wa'd) and the transferral of authority from the shari'a financial institute to that customer to conduct a transaction pursuant to the wishes of the customer (wakalah). This entails either the purchasing of something sought by the customer and sold in a murabahah fashion to the customer, or the hiring of an object or service sought by the customer and rented to that customer. The quantum of the profit requested by the shari'a financial institute is provided for in the agreement between the parties.