What is murabaha in banking?

What is murabaha in banking? Murabaha in other words is Cost-Plus Financing.This is a contract sale between the bank and its client for the sale of goods at a price which includes a profit margin agreed by both parties. As a financing technique, it involves the purchase of goods by the bank as requested by its client. The goods are sold to the client with a mark-up. Repayment, usually…

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