Close
Personal
Business
Financing

Murabahah Working Capital Financing-i (MWCF)

Al-Murabahah is a “cost-plus” sale contract. It is a facility granted to customers for financing their short term working capital requirement by way of lump sum deferred payment cost plus profit.

Benefits

Advance made by the Bank on behalf of buyer to pay the seller;
Buyer pays the Bank on deferred payment term.

Features

The cost must be revealed;
The price and tenure of the lump-sum deferred payment must be agreed upon by the Bank and the customer;
The Bank appoints customer as an agent (Al-Wakalah) to purchase on its behalf;
Marginal deposit may be imposed;
Trade transactions for sight (D/P) only are allowed;
Financing for item of saleable value; e.g. purchase of stock and inventories, spares and replacements, semi-finished goods and raw materials.

You might also be interested in

Foreign/Domestic Bill of Exchange Purchase-i (Documentary)
Accepted Bills-i (AB-i) – Export/Sales
Bai’ Al Dayn Working Financing-i (BWCF)
Letter of Credit-i (LC-i/DC)
Chat with us on
WhatsApp
AUSTRALIAN DOLLARAUD3.2270003.0730003.057000
BRUNEI DOLLARBND3.5740003.4160003.405000
CANADIAN DOLLARCAD3.5080003.3840003.367000
SWISS FRANCCHF5.3740005.1420005.124000
EURO EUR5.2230004.9340004.912000
STERLING POUNDGBP6.1250005.8730005.864000
NEW ZEALAND DOLLARNZD3.0190002.8030002.788000
SINGAPORE DOLLARSGD3.5740003.4300003.429000
UNITED STATES DOLLARUSD4.8580004.6070004.590000

2024-06-28 09:30:19