The Modaraba is primarily engaged in the business of Ijarah, Musharakah and Murabahah
financing, Investment in marketable securities and other related businesses.
Eiger was the first intermediary broker to bring technology to the commodity Murabahah
services space with the launch of the ETP in 2009.
Transactions on the Nasdaq Dubai Murabahah
Platform for Islamic financing have exceeded a total of $100 billion, reflecting its popularity with corporate and individual users.
Islamic financing transactions on the Nasdaq Dubai Murabahah
platform have exceeded a total of $100 billion.
RAM Rating Services Bhd has reaffirmed the AAA/Stable rating of Midciti Sukuk Bhd's Sukuk Murabahah
Programme of up to RM3.0 billion in nominal value (2014/2044).
This standard covers investment sukuk include sukuk of ownership of leased assets, ownership of usufructs, ownership of services, Murabahah
, Salam, Istisna'a, Modaraba, Musharakah, investment agency and sharecropping (Muzara'ah), irrigation (Musaqat) and agricultural (Mugharasah) partnerships.
Financing portfolio of the company comprises various modes of financing including Ijarah, Murabahah
, Musharakah, diversification projects and equity market operations.
Review of the financial accounting standard (FAS) on Murabahah
, which has reached the stage of final exposure draft.
The cards have been devised to comply with the murabahah
Islamic financing structure.
MANAMA: Bahrain Mumtalakat Holding Company's three billion Malaysian ringgit (approximately $1bn) Sukuk Murabahah
programme has had its long term rating reaffirmed at 2 with a stable outlook by RAM Rating Services of Malaysia.
Manama: August 14 -- (BNA)-- RAM Rating Services Berhad ("RAM Ratings") recently announced that it has reaffirmed Bahrain Mumtalakat Holding Company's ("Mumtalakat") MYR 3 billion Sukuk Murabahah
programme with a long-term rating of 2 and a stable outlook, representing a strong investment grade credit rating profile.
RAM Rating Services Berhad has reaffirmed Bahrain Mumtalakat Holding Company's MYR 3 billion ($920 million) sukuk murabahah
programme with a long-term rating of 2 and a stable outlook.