Common Contracts

Master Murabaha Agreement for the Sale of Commodities for Credit Card Issuance

February 14th, 2022

• Filed
  February 14th, 2022

This Agreement is made effective on the latest signature date shown on the signatures page by and between: ةحفص يف ةنيبملا خيراوتلا رخآ يف ةيقافتلاا هذه تمربأ:نم لك نيب تاعيقوتلا 1. Al Hilal Bank (the “First Party”), of P.O. Box 63111, Abu Dhabi, United Arab Emirates; and ،يبظوبأ ،63111 .ṿ.ص ،)"لولأا فرطلا"( للاهلا فرصم .1و ةدحتملا ةيبرعلا تاراملإا ةلود Mr./Miss/Mrs.: PO BOX /ديسلا .2 .ṿ.ص (the “Second Party”) of . )"يناثلا فرطلا" ( The above parties have acknowledged their legal competency to contract and agreed on the following: :يتلآا ىلع اقفتاو دقاعتلل امهتيلهأب نافرطلا رقأ 1. The First Party may sell by way of Murabaha to the Second Party a common share in commodities (the "Commodities") pursuant to an exchange of offer and acceptance by email communication (the “Murabaha Contract”) as depicted in Schedule 1, specifying the description and quantity of the Commodities and the cost price paid by the First Party for such Commodities and other related expenses (the “Cost Price”) an