Murabaha: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand to align with The Treasurer, July 2014, p46, Sarah Boyce, The Islamic Alternative.) |
imported>Doug Williamson (Layout.) |
||
(5 intermediate revisions by the same user not shown) | |||
Line 1: | Line 1: | ||
''Islamic finance'' | ''Islamic finance''. | ||
Murabaha is a | Murabaha is a Sharia-compliant financing arrangement under which a bank buys an asset and sells it on to the customer at an agreed mark-up. | ||
The customer, who could not otherwise afford to buy the asset, pays in instalments. | |||
Line 10: | Line 12: | ||
== See also == | == See also == | ||
* [[Islamic finance]] | * [[Islamic finance]] | ||
*[[Reverse murabaha]] | |||
* [[Sharia-compliant fixed income capital markets instruments for cross-border transactions]] | |||
* [[Sukuk]] | * [[Sukuk]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Long_term_funding]] | |||
[[Category:Financial_products_and_markets]] |
Latest revision as of 16:20, 29 June 2021
Islamic finance.
Murabaha is a Sharia-compliant financing arrangement under which a bank buys an asset and sells it on to the customer at an agreed mark-up.
The customer, who could not otherwise afford to buy the asset, pays in instalments.
Murabaha is sometimes known as 'cost plus financing'.