Bank Muamalat 1Malaysia
 
   
i-Muamalat: Login to our Online Banking
 
Deposit
Sale & Buy Back Agreement
Click on the list below to see more Deposit products:
Features

It is an Islamic Repurchase Agreement between 2 parties (seller and buyer) with a promise to sell and buy back pledged securities on a specific future date at an agreed price;
The tenor must not exceed 1 year;
The respective parties must enter into 2 separate agreements;
It is traded on price basis and ownership of the securities shall be transferred from the seller to the buyer.

BACK TO TOP Back to top