Murabaha Transaction definition

Murabaha Transaction means a contract created between the Seller and the Purchaser pursuant to the terms of the Master Murabaha Agreement, which includes an Initial Murabaha Transaction and any Subsequent Murabaha Transaction;
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Murabaha Transaction means, as applicable:
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Murabaha Transaction means the one off commodity murabaha transaction entered into by the Bank and the Customer pursuant to the Murabaha Contract.
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Examples of Murabaha Transaction in a sentence

  • Subject to the immediately following sentence, each Deferred Sale Price shall, to the extent not previously paid in full, be payable in full upon maturity of the Murabaha Transaction, which date will coincide with the redemption of the Trust Certificates on the relevant Maturity Date or, if earlier, other final Dissolution Date.

  • For the avoidance of doubt, an Asset Portfolio for a relevant Series of Trust Certificates may comprise solely Tangible Assets, without any Issue Proceeds being applied towards any Murabaha Transaction.

  • We now describe the proposed Secure Electronic Murabaha Transaction (SEMT) protocol in detail.

  • An amount equal to the Deferred Sale Price of the maturing Subsequent Murabaha Transaction less the Subsequent Murabaha Contract Payment Amount paid by the Purchaser to the Sukuk Account on that Deferred Price Payment Date shall be applied as the Subsequent Murabaha Cost Price of the further Subsequent Murabaha Transaction entered into between by the Seller and the Purchaser on that date.

  • In this paper, we have proposed the Secure Electronic Murabaha Transaction (SEMT) protocol that provides a secure Murabaha sale service on the Internet.

  • Pursuant to Clause 5 of the Murabaha Agreement, we also undertake to grant the Security over and assign the proceeds of the instruments issued in favor of and endorsed by the Customer as set out and attached (the “Instruments”) prior to each Murabaha Transaction taking place pursuant to the duly completed Murabaha Contract.

  • We then identify the security and Murabaha requirements for an electronic Murabaha transaction, and present the Secure Electronic Murabaha Transaction (SEMT) scheme, designed to address the identified requirements.

  • Is the Murabaha Transaction executed by the Bank for the outstanding credit Card amount, whereas the customer has expressed his desire to purchase the share of the Bank in the commodities and metal portfolio, owned commonly between the Bank and other partners (the “Partners”) and which are divided into commodity shares.

  • International Murabaha Transaction will appear in the next statement of the Card, and the same will be regarded as accepted by the Cardholder in case such action is not objected by the Cardholder within the period of time specified on the statement.

  • Pursuant to Clause 5 of the Murabaha Agreement, we also undertake to grant the Security over and assign the proceeds of the instruments issued in favor of and endorsed by the Customer as set out and attached (the «Instruments») prior to each Murabaha Transaction taking place pursuant to the duly competed Murabaha Contract.


More Definitions of Murabaha Transaction

Murabaha Transaction means a transaction completed by:
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Murabaha Transaction means a transaction completed by:(ii) the delivery of a Notice of Offer to Sell by the Seller to the Purchaser; (iii) the delivery of the corresponding Notice of Acceptance of Offer by the Purchaser to the Seller; and (iv) the purchase of the Commodities by the Seller from the relevant Supplier and the conclusion of the corresponding Murabaha Contract between the Seller and the Purchaser for the purchase of such Commodities by the Purchaser from the Seller;
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Murabaha Transaction means a contract created between the Seller and the Purchaser pursuant to the terms of the Master Murabaha Agreement, which includes a Fixed Murabaha Transaction, an Initial Murabaha Transaction and any Subsequent Murabaha Transaction (as applicable). “Fixed Murabaha Transaction”, “Initial Murabaha Transaction” and “Subsequent Murabaha Transaction” have the meanings given to them in the Master Murabaha Agreement;
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Murabaha Transaction means a contract created between the Seller and the Purchaser pursuant to the terms of the Master Murabaha Agreement and includes a Fixed Murabaha Transaction, a First Reset Murabaha Transaction and a Subsequent Reset Murabaha Transaction;
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Murabaha Transaction means the Customer’s agreement pursuant to
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Related to Murabaha Transaction

  • 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.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Online Transaction means any Phone/Electronic Transaction requested through an Electronic Transmission over the Internet.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

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

  • 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.

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

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Exchange Transaction means an exchange of Units for Common Units pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.

  • 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.

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity including any secured or unsecured financing, any securitization transaction, or any securities offering which is either registered or exempt from registration under federal and state securities law.

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Merger Transaction means any merger, acquisition or similar transaction involving a recapitalization as contemplated by Rule 10b-18(a)(13)(iv) under the Exchange Act.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Pro Forma Transaction means any transaction consummated as part of any Permitted Acquisition, together with each other transaction relating thereto and consummated in connection therewith, including any incurrence or repayment of Indebtedness.

  • Formation Transactions means the transactions contemplated by this Agreement and the other Formation Transaction Documentation.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • Merger Transactions means the Merger and the other transactions relating thereto or contemplated by the Merger Agreement.

  • Private Placement Transaction means a “limited offering” as defined from time to time in Rule 17j-l under the 1940 Act or any applicable successor provision. Currently, this means an offering exempt from registration under the Securities Act of 1933 pursuant to Section 4(2) or 4(6) or Rule 504, 505 or 506 under that Act, including hedge funds.

  • Subsequent Transaction has the meaning set forth in Section 1.08.

  • Hostile Acquisition means (a) the acquisition of the Equity Interests of a Person through a tender offer or similar solicitation of the owners of such Equity Interests which has not been approved (prior to such acquisition) by the board of directors (or any other applicable governing body) of such Person or by similar action if such Person is not a corporation and (b) any such acquisition as to which such approval has been withdrawn.

  • Acquisition Transaction has the meaning set forth in Section 5.09(a).

  • Contemplated Transactions all of the transactions contemplated by this Agreement, including:

  • Financing Transactions means (a) the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party and (b) the initial borrowing of Loans hereunder and the use of the proceeds thereof.

  • Equity Transaction means, with respect to any member of the Consolidated Parties, any issuance or sale of shares of its Capital Stock, other than an issuance (a) to a Consolidated Party, (b) in connection with a conversion of debt securities to equity, (c) in connection with the exercise by a present or former employee, officer or director under a stock incentive plan, stock option plan or other equity‑based compensation plan or arrangement, or (d) in connection with any acquisition permitted hereunder.