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Islamic Finance




Murabaha Master Agreement


A contractual framework which governs a murabaha transaction in which there are several objects (assets/ commodities) in several contracts between the same two parties (the murabaha seller and buyer). The total cost plus the total mark-up may be disclosed in one clause in the master agreement, provided that the specifics of each asset’s acquisition cost and mark-up must be appended to each contract.



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The last three decades have witnessed the modern rebirth of Islamic finance both in terms of literature and practice. Islamic banks and ...
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