Word info

murabaha

Noun

Meaning

murabaha (plural murabahas)

(Islamic finance) A financing arrangement where a bank or other party buys an item and sells it on at an agreed price including profit, typically in instalments.

Source: en.wiktionary.org

Examples

Mr. Ayman Amin Sejiny, CEO of ICD and Mr. Diakarya Ouattara, Managing Director of CBI – Burkina Faso, signed the Line of Financing agreement for EUR 15 million under the Commodity Murabaha Financing Structure dedicated to the Islamic Window of the Bank. Source: Internet

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