General Agreement for AmMoneyLine Facility-iGeneral Agreement • December 20th, 2018
Contract Type FiledDecember 20th, 2018Murabahah Tawarruq involves two sale and purchase contracts where the first involves the sale of an asset to a purchaser on deferred payment terms and at cost plus profit basis whereby the difference between the purchase price and the sale price are disclosed to the purchaser and the subsequent sale involves the sale of the commodity to a third party on cash basis to obtain cash.