The hosts have lost just one of their last nine matches in all competitions, while the visitors travel to Baku off the back of consecutive victories.
Qarabag are appearing in the Europa League group stage for the fifth time in six seasons after successfully navigating their way through the qualifying rounds.
The Azerbaijan Premier League champions initially started their European campaign in Champions League qualifying, before dropping down to the Europa League following a defeat to Rakow Czestochowa in the second round.
They made light work of HJK in the third round of Europa League qualifying before they claimed a 3-1 victory over Olimpija Ljubljana to seal their place in the group stage, where they will face Molde, Hacken and Bayer Leverkusen.
Qarabag will head into Thursday's contest in a positive mood after they ended a three-game winless run in all competitions with a 2-0 win over Sabah in Saturday's league meeting.
Including qualifying, Qarabag have avoided defeat in their last 12 home games in UEFA competition (W6, D6) — a run which stretches back to February 2022 when they lost 3-0 to Marseille in the Europa Conference League knockout stages.
Molde have had to settle for a place in the Europa League group stage after their hopes of reaching the main draw of the Champions League were ended by Galatasaray.
The Norwegian side negotiated qualifying ties against HJK Helsinki and KI, but they were ultimately unable to overcome the final hurdle, as they fell to a 5-3 aggregate defeat to the Turkish champions.
While they would have been disappointed to lose out in Champions League qualifying, Molde can look forward to competing in the Europa League group stage for the first time since the 2020-21 season.
Molde will have fond memories of that campaign after they progressed to the round of 16, which still represents their best performance in UEFA competition.
After beating Haugesund 2-1 and thrashing Odd 4-1 in their last two league games, Molde will carry some momentum into Thursday's away fixture.
Despite coming off the bench to score at the weekend, Hamidou Keyta may have to settle for a place among the substitutes, with Gurbanov set to name an unchanged lineup.
Juninho will continue to lead the line for the hosts after scoring three goals in six appearances since arriving from Portuguese side Chaves in the summer.
After coming off the bench to score in Molde's last two league games, Magnus Wolff Eikrem could be rewarded with a starting place.
Summer signing Fredrik Gulbrandsen also made an impact in his substitute appearance, finding the net in the 4-1 win to mark his debut with a goal, and he is likely to be used from the bench once again, as he continues to build up his match fitness.
Qarabag FK possible starting lineup:
Ramazanov; Bayramov, Mustafazada, Medina, Cafarquliyev; Jankovic, Romao; Andrade, Benzia, Zoubir; Juninho
Molde possible starting lineup:
Karlstrom; Oyvann, Bjornbak, Hagelskjaer; Lovik, Hestad, Kasa, Breivik, Haugen; Kitolano, Eikrem
We say: Qarabag FK 2-1 Molde
Molde lost all three of their away games in Champions League qualifying, and we think that trend could continue into Thursday's fixture when they face a Qarabag side who have avoided defeat in their last 12 UEFA home games.
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