Examples of Murabaha Agreement in a sentence
Each Ijara Agreement and Murabaha Agreement is to be entered into substantially on the terms set out in the Investment Management Agreement and each of the initial Ijara Agreement and the initial Murabaha Agreement will be entered into on the Issue Date.
Arcapita Bank obtained financing under a Master Murabaha Agreement dated May 30, 2011 by and between Arcapita Bank and SCB as Investment Agent (as amended, restated, supplemented, and/or otherwise modified, the “SCB May 2011 Facility”) which matured March 28, 2012.
Arcapita Bank obtained financing under a Master Murabaha Agreement dated December 22, 2011 by and between Arcapita Bank and SCB as Investment Agent (as amended, restated, supplemented, and/or otherwise modified, the “SCB December 2011 Facility”) which matured on March 28, 2012.
We refer to the above Murabaha Agreement (expressions defined in which have the same meanings herein), the Application Form and the Promise to Purchase.
As soon as the Buyer has signed and delivered the Letter of Acceptance, a "Murabaha Contract" shall be created between the Seller and the Buyer upon the terms of the Letter of Offer and the Letter of Acceptance and incorporating the terms and conditions set out in the Master Murabaha Agreement, and ownership of, and all risks in and to, the relevant Commodities shall immediately pass to and be vested in the Buyer, together with all rights and obligations relating thereto.