The 23-year-old centre-back is yet to agree personal terms with the club before a medical can take place, per the BBC.
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The Bosnia-Herzegovina international is yet to decide where his future lies, but Daniel Farke will hope to lure him to Elland Road this summer.
Muharemovic could become the second summer signing for Leeds, following the arrival of Harry Wilson from Fulham on a free transfer.
He's viewed as an ideal replacement for Pascal Struijk who departed the club in June to move to Brighton in a deal worth £20 million.
The defender made three appearances at this summer's World Cup for his nation, which included the last-32 defeat against the United States.