Murabaha is a sale transaction where the seller discloses the cost and profit to the buyer at the time of execution of sale. Murabaha is a short term Islamic facility for meeting asset based working capital requirement of customers where instead of providing a loan, Banks sell the required asset to the customer on spot or deferred basis. This is also convenient, easy to use and most widely used solution for financing raw material and inventory requirements of the customer.
Banks On Board At Islamic Banking Industry Of Pakistan
