Al Yusr, the Islamic Banking Window of Oman Arab Bank (OAB), has announced the launch of a new auto financing offer that provides Al Yusr Islamic Banking customers with an opportunity to obtain financing at competitive Murabaha
rates, starting from just five per cent on reducing bases (equivalent to 2.
Customers, who avail the Alizz Islamic Bank commercial financing solutions have the advantage of purchasing different goods, including equipment, machinery, vehicles or even property through Murabaha
, Ijarah or Forward Ijarah options.
Pakistan Mercantile Exchange Limited (PMEX), country's only multi-commodity futures exchange, has achieved yet another breakthrough by facilitating the country's first electronic Murabaha
transaction, which in essence will pave the way for an Islamic Money Market.
Dubai Financial Market (DFM) announced on Monday that it has issued two new regulations that pave the way for market participants to implement both repurchase agreements (Repo) and Islamic Murabaha
transactions in conjunction with the approval given by the Securities and Commodities Authority (SCA).
National Bank of Fujairah (NBF) has joined Nasdaq Dubai's rapidly expanding Islamic financing Murabaha
platform, which offers unique advantages to financial institutions and clients seeking Sharia'a-compliant solutions and trading opportunities.
Summary: National Bank of Fujairah (NBF) has joined Nasdaq Dubai's Islamic financing Murabaha
platform, which offers advantages to financial institutions and …
Banks had raised concerns at terms that considered murabaha
transactions, including commodity murabaha
, to be normal sales transactions.
Alizz Islamic Bank launches Murabaha
Tasnee) has announced that one of its subsidiary firms has signed syndicated murabaha
, Bai Ajel and working capital deals to refinance its liabilities last Sept.
Tasnee) has announced that one of its subsidiary companies has entered into Syndicated Murabaha
, Bai Ajel and Working Capital Agreements to refinance its liabilities.
Summary: Nogaholding, the holding company for oil and gas assets owned by the government of Bahrain, signed to obtain a five-year US$ 570 million murabaha
financing facility, as per a company statement.
LSE: QIL) has sold its investment in the secured Murabaha
debt in Verne Preferred Ltd.