Why is tawarruq one of the products whose steps I most need to understand?

Because the client's goal is often cash, while the transaction itself involves buying and selling a commodity.

Steps

1. If you lose sight of the steps, you'll only see "I received a sum and will pay back with an increase," and you won't understand where the real contract lies.

2. That's why, specifically in the case of tawarruq (commodity murabaha), ask for a detailed explanation of the commodity's journey, ownership, and sale, not just the installment schedule.

Source

• AAOIFI — Sharia Standard 30: Monetization (Tawarruq)