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

Examples of Murabaha in a sentence

• Profit from Murabaha is quantifiable at the commencement of the transaction.

• The Group engages in Shari’ah compliant Islamic banking activities through various Islamic instruments such as Murabaha, Salam, Mudaraba, and Wakala.

• Short-term borrowings consist of bank overdrafts, short-term loans and Murabaha financing arrangements from various commercial banks and financial institutions.

• In addition, the Fund Manager will rebalance based on the changes that may occur in the index components.Excess cash balance may be held in cash or in Sharia complaint money market funds that invest in money market and Murabaha and/or invested in Murabaha transactions without charging Unitholders an extra fee.

• Card Limit means an amount equal to the Security Amount and the maximum amount that may be utilized by use of the Card funded by the Principal Cardholder from an his own fund or by entering into Murabaha Contracts.

More Definitions of Murabaha

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

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 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;

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;