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Understanding Murabahah in Islamic Finance by ALI SHER Haidri is a document available to read on EtoBox.
What is Understanding Murabahah in Islamic Finance about?
The document discusses Islamic modes of financing, specifically Murabahah as a trade-based financing mode. Murabahah involves the sale of goods where the seller discloses the cost and adds an agreed upon profit. It proceeds in stages: 1) The customer requests financing, 2) The bank purchases goods and appoints the customer as agent, 3) The customer takes possession of the goods, 4) The customer offers to purchase from the bank, which accepts, and 5) The customer pays the cost plus profit amount according to
- Author
- ALI SHER Haidri
- Language
- EN