Examples of Murabaha Facility in a sentence
If the Assignee/Financier is the Successful Purchaser, the Assignee/Financier is at liberty to set off the reserve price against the amount due and owing under the Murabaha Facility Agreement/Ijarah Agreement/Deed of Assignment/Property Sale Agreement on the date of sale, together with all costs and expenses of the sale and all other costs and expenses whatsoever in relation to this matter.
Syndicated Murabaha Facility of approximately SR 9.75 billion was arranged by Banque Saudi Fransi in July 2009.
After the helium test has been satisfactorily completed and soil gas vapor sampler is purged, connect the stainless steel summa canister to the Teflon tubing using air tight stainless steel fittings.
Financing charges as specified under the Murabaha Facility are payable in quarterly installments over the life of the loan.
This facility attracts financing charges as specified in the agreement, and is subordinated to the Murabaha Facility, and secured by an unconditional and irrevocable guarantee by Mobile Telecommunications Company K.S.C. The new facility will be repaid in one bullet payment at the maturity date of 2nd June, 2016.
Financing charges as specified under the Murabaha Facility are payable in quarterly instalments over the life of the loan.
Comprise the portion of management fees paid in Units, donation of non-Shari’ah compliant income, amortisation of capitalised debt upfront fees incurred on the Commodity Murabaha Facility, straight-lining adjustments on rental income for accounting purposes, amortisation of intangible asset, Trustee’s fees and other expenses which are non-deductible for tax purposes.
In 2019, the Group entered into a Murabaha Facility Agreement on 20 October 2019 for a period of 5 years, with a local commercial bank amounting to SR 250 million, bearing a commission rate of SIBOR plus a specified margin.
Pursuant to the Adjustment arising from the rights issue of the Company on 11 May 2017, the 2016 Conversion Price was adjusted to the Conversion Price of S$0.0567 in accordance with paragraph 4(iv) (Rights Issues or Shares or Options over Shares) of Schedule 5 (Conversion Mechanics) to the 2016 Master Murabaha Facility Agreements.
This Murabaha Facility consists of a SAR portion totaling SAR 7.09 billion and a USD portion totaling USD 710 million (equivalent to SAR 2.66 billion).