Murabaha

Is used if you wish to purchase equipment or goods. We will purchase these items, and then sell them to you at cost – plus a reasonable profit.Murabaha defined contract of sale between the bank and its client for the sale of goods at a price plus an agreed profit margin for the bank. The contract involves the purchase of goods by the bank which then sells them to the client at an agreed mark-up. Repayment is usually in instalments.