Murabaha

  • Murabaha LCs.
  • Bills of Collection.
  • local Murabaha
  • Wakalat Murabaha

 

Murabaha is a contract for sale a specific goods in order to get a pre-agreed profit between two parties (profit) and it is added to the original price and this is used to finance various operational activities for clients, whereas the bank buys goods ,machines, or tools for the benefit of the trader (purchaser) and according to the specifications that determined by the purchaser with a promise from him to buy what he was ordered for by the price of cost plus the agreed profit, either in the case of Wakalat Murabaha, the bank delegate the client in certain cases to proceed with purchasing on his behalf.