Murabaha definition

Murabaha means a sale on mutually agreed profit. Technically it is a contract of sale in which the seller declares his cost and profit. As a financing technique, it involves a request by the client to the financier to purchase certain item for him, which is then sold to the client at a mutually agreed price.

Murabaha means a sharia arrangement between a financier and a client of that financier, one of which is a bank or a listed company, whereby—’’; 25

Murabaha means Shari’a compliant cost‐plus financing contract. “OECD” means Organisation for Economic Cooperation and Development.

Examples of Murabaha in a sentence

• First Murabaha entered into on Day 1, with spot asset delivery and purchase price payment of cost plus profit on first anniversary.

• Broker" means, in respect of any Murabaha Sale entered into pursuant to the terms of this DFT Terms Agreement, the person (if any) acting as a broker for the Seller or Buyer, as the case may be, as specified in this DFT Terms confirmation.

• Xxxxx'ah compliant assets" means any asset or assets which comply or are consistent with the principles of the Xxxxx'ah and which, for Xxxxx'ah purposes, are suitable as the subject matter of a Murabaha sale (accordingly, gold, silver or any currency do not constitute Xxxxx'ah compliant assets for this purpose).

• Second Murabaha entered into on first anniversary with spot asset delivery and purchase price payment of cost plus profit on second anniversary.

• The registry administrator for each ccTLD varies by individual country code.

More Definitions of Murabaha

Murabaha means a mutually agreed contract of sale in which the seller declares his cost and the profit.

Murabaha means a sharia arrangement between a financier and a client of that financier, one of which is a bank, whereby—

Murabaha means a sharia arrangement between—

Murabaha means the sale and purchase of an asset where the acquisition cost and markup / profit is disclosed to the customer; “Acceptance” means an Acceptance Letter or any other means of valid acceptance of the Offer by Tas’heel;

Murabaha means Shari’a compliant cost-plus financing contract. “OECD” means Organisation for Economic Cooperation and Development.

Murabaha means a sharia arrangement between— 20

Murabaha means the sale of a commodity at a price equal to the price paid by the seller upon its purchase, plus an agreed upon profit margin of a percentage of the price or at a lump sum, be it a standard Murabaha executed without a prior promise, or a bank Murabaha executed based on a Murabaha to the Purchase Orderer (MPO) who wishes to obtain the commodity through a financial institution;