Meet Your Short-Term Business and Individual Need for making purchases the Shariah compliant way
Murabaha is a sale contract where the seller at the time of executing the sale transaction, discloses the cost to the customer, and the profit charged thereon. Bank AL-Habib – Islamic banking Division (BAHL-IBD) offers Murabaha facility to finance purchase of inventory/ Raw material.
Bank at the specific request of the customer, purchases the requested goods and after assuming the ownership and possession, sells the same to Customer. Since Murabaha is a sale transaction, price once fixed cannot be changed. Murabaha is offered to:
- Corporate/ commercial
- SME
- Agriculture
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