Murabaha Sale definition

Murabaha Sale means a Transaction comprising a binding agreement for the sale of FPR Assets by the Seller to the Buyer following an exercise by the Seller of Buyer's Undertaking; the terms of each such Transaction shall be evidenced by a Confirmation, being a Murabaha FPR Asset Sale Confirmation.
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Murabaha Sale means the sale of Assets by the Bank to a Customer.
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Murabaha Sale means selling a commodity as per the purchasing price with a defined and agreed profit mark-up. This mark-up may be a percentage of the selling price or a lump sum amount
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Examples of Murabaha Sale in a sentence

  • Thus, the promissory note or security cheque provided by the Cardholder to Barclays together with the card application form shall not be considered as securities anymore to Barclays for such credit card(s)’ obligations.14.18.2 - Pursuant to clause 14.18.1 above, the Cardholder assigns such promissory note or security cheque to ADIB as securities for his/her obligations under the Murabaha Sale Contract(s) related to the Cardholder’s Covered Card(s).

  • 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.

  • Murabaha contract is executed when Murabaha Sale Agreement signed by the customer and the Bank.

  • Murabaha Sale" means a Transaction comprising a binding agreement for the sale of FLPR Assets by the Seller to the Buyer following an exercise by the Seller of Buyer's Undertaking; the terms of each such Transaction shall be evidenced by a Confirmation, being a Murabaha FLPR Asset Sale Confirmation.

  • Stage (C):- Murabaha Sale: The Bank sells LME Metals to the customer on Murabaha basis.

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

  • Tao local people could not perceive the meaning and usages of Tao Coin, since they do not fully understand the NT dollar in the first place.

  • Stage (A):- Spot Purchase: The bank purchases Nasdaq Murabaha Certificates from the Spot Seller through a brokerage firm.68 Stage (B):- Murabaha Sale: The bank sells Nasdaq Certificates on Murabaha basis to the customer.

  • Stage (D):- Murabaha Sale: The bank sells the car to the customer by executing Murabaha Sale Contract.- Murabaha Price: By signing the Murabaha Sale Contract, the customer agrees to settle the 52Murabaha Price through EMIs payment on regular dates.

  • 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 Sale

Murabaha Sale means, as requested by a Customer by submitting an Application Form to the Bank, the purchase of Commodities for spot delivery on the transaction (or delivery) date from the Bank by the Customer on a deferred payments basis concluded through entering into a Murabaha Contract.
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Murabaha Sale means Murabaha is selling a vehicle as per the purchasing price with a defined and agreed profit mark-up. This mark-up may be a percentage of the selling price or a lump sum;
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Related to Murabaha Sale

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Permitted Sale means those sales, transfers or assignments permitted by the Credit Agreement.

  • Sale as used in this paragraph shall have the meanings ascribed thereto by governing law and any interpretation thereof contained in rules or regulations promulgated by the Securities and Exchange Commission thereunder.

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.

  • Asset Transfer means a sale, lease, exclusive license or other disposition of all or substantially all of the assets of the Company.

  • Company Sale a sale, conveyance or other disposition of the Company, whether by merger, consolidation, sale of all or substantially all of the Company’s assets or sale of capital stock, including any issuance or transfer of Capital Stock of the Company to any Person.

  • Trade Sale means any of the following events:

  • Third Party Sale means any sale for resale in interstate commerce to a Power Purchaser that is not designated as part of Network Load under the Network Integration Transmission Service but not including a sale of energy through the PJM Interchange Energy Market established under the PJM Operating Agreement.

  • Public Sale means any sale pursuant to a registered public offering under the Securities Act or any sale to the public pursuant to Rule 144 promulgated under the Securities Act effected through a broker, dealer or market maker.

  • Approved Sale has the meaning set forth in 2.1(d).

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • Subsequent Sale means the sale of additional Securitization Property by the Seller to the Issuer after the Initial Transfer Date, subject to the satisfaction of the conditions specified in the Sale Agreement and the Indenture.

  • First sale means and include the first sale or distribution of cigarettes in intrastate commerce, or the first use or consumption of cigarettes within this state.

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Securitization Assets (which may include a backup or precautionary grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person other than a Receivables Subsidiary.

  • Transferred Guarantor shall have the meaning assigned to such term in Section 7.09.

  • Retail sale or a "sale at retail" means a sale to any person for any purpose other than for resale in

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • prospective sale means a sale which is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Business Transaction means any initial merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses involving the Company.

  • Purchase and Sale Agreement means that certain Purchase and Sale Agreement, dated as of the Closing Date, between the Transferor, as the seller, and the Borrower, as the purchaser, as amended, modified, waived, supplemented, restated or replaced from time to time.

  • Equity Offering means any public or private sale of common stock or Preferred Stock of the Company or any of its direct or indirect parent companies (excluding Disqualified Stock), other than:

  • Stock Sale means a transaction or series of related transactions in which a Person, or a group of related Persons, acquires from stockholders of the Company shares representing more than fifty percent (50%) of the outstanding voting power of the Company.

  • Public Equity Offering means an underwritten public offering of Qualified Capital Stock of the Company pursuant to a registration statement filed with the Commission in accordance with the Securities Act.