The idea of the
It is a future installment
Murabaha program to finance the purchasing of durable goods. The program is
based on the Murabaha system where clients first obtain a price offer from the
supplier. Afterwards, the bank repays the value of the good to the supplier
then implements the Murabaha process for the client with the profit margin
agreed upon. Then the total purchase value of the good will be distributed on a
group of installments that the bank and client agree upon.