Murabaha: Difference between revisions
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imported>Doug Williamson (Added Reverse murabaha to links) |
imported>Doug Williamson (Added link to Treasurer's Handbook) |
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* [[Sukuk]] | * [[Sukuk]] | ||
*[[Reverse murabaha]] | *[[Reverse murabaha]] | ||
* [[Sharia-compliant fixed income capital markets instruments for cross-border transactions]] |
Revision as of 12:12, 12 November 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'.