Murabaha: Difference between revisions
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* [[Islamic finance]] | * [[Islamic finance]] | ||
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Revision as of 13:54, 26 June 2015
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'.
