The idea of the
It is a future installment
Murabaha program to finance expenses of education (tuition expenses – books –
educational and media studies – higher education – specialized professional
studies). The program is based on the Murabaha system, where clients first obtain
a certified, signed and sealed letter of the tuition from schools/universities.
Afterward, the bank pays or finances the client with the profit margin agreed
upon. Then the total value of sales will be distributed on a group of
installments that the bank and client agree upon.
The Education Murabaha
is provided to Egyptians through the following funding programs:
conditions to provide Murabaha:
*All terms and