Murabaha Profit definition

Murabaha Profit means the profit mark-up generated by a Murabaha Transaction, as determined pursuant to Condition 7.2 (Murabaha Transactions – Fixed Rate Trust Certificates) or Condition 7.3 (Murabaha Transactions – Floating Rate Trust Certificates) (as applicable);

Murabaha Profit means the Deferred Price less the Cost Price;

Murabaha Profit means the amount payable by the Customer on the Payment Date in respect of a Murabaha Sale, and which is determined as per the Islamic Facility Letter or as follows:

Examples of Murabaha Profit in a sentence

• The Murabaha Profit cannot be increased once the profit is agreed upon between the bank and the customer.********************************** 705) Bank Cards:Islamic banks offer a full range of cards like a debit card, charge card, credit card, with the latest addition of a new category called the covered card.

• The Parties may agree, at the time of any Prepayment Request, whether any rebate of Murabaha Profit (relating to the relevant Murabaha Contract) is applicable in relation to a Deferred Payment Price to be prepaid pursuant to a Prepayment Request, provided always that the amount of any rebate shall be at the sole discretion of Party A.

• Indeed, as the deposition of new collagen takes place slowly, the skin texture will continue to improve over this 48-week period.

• Murabaha Profit cannot be increased once it has been agreed upon between the bank and the cardholder.********************************** 756) Overdraft facilities:a- Islamic Covered Drawing (Murabaha): Stage (A):Figure 9: Islamic Covered Drawing- Spot Purchase: The bank purchases a Shari’a compliant asset on spot basis.

• Stage (B):- Murabaha Sale: The customer sells the Murabaha Asset to the bank on Murabaha basis with deferred payment.- Profit Calculation: The Murabaha Profit is calculated on daily basis irrespective of the bank’s financing portfolio performance.

More Definitions of Murabaha Profit

Murabaha Profit means the aggregate profit payable by the Customer to the Bank under the Murabaha Facility, as more specifically defined under the Murabaha Contract which is paid by the way of Monthly Murabaha Profit.

Murabaha Profit means the Deferred Payment Price less the Cost Price, which shall be calculated by Party A with respect to the Murabaha Contract and as set out in the Offer Notice relating to such Murabaha Contract.

Murabaha Profit means the Deferred Payment Price less theCost Price;

Murabaha Profit has the meaning given to it in the Murabaha Agreement;

Murabaha Profit has the meaning given to it in the Master Murabaha Agreement;

Murabaha Profit means a component of the Deferred Payment Price, which amount shall be determined by the Bank and shall be as set out in paragraph 2 (d) of the relevant Offer Notice.

Murabaha Profit means the Deferred Sale Price described in the Offer