Products


Murabahah

Is in fact a term of Islamic Fiqh and it refers to a particular kind of sale where the seller agrees with his purchaser to provide him a specific commodity on a certain profit added to his cost, it is called a Murabahah transaction. The basic ingredient of Murabahah is that the seller discloses the actual cost he has incurred in acquiring the commodity, and then adds some profit thereon.

Musharakah

This is a mode of Islamic finance where two or more parties provide financing for a particular project. Profit is shared on a predetermined ratio but any loss is borne on the basis of equity participation.

Ijarah (Leasing)

An agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time.