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ISLAMIC ANSWERS, CUSTOM FIT


Murabaha

ORIX Modaraba (formerly Standard Chartered Modaraba) also offers Murabaha (selling a commodity as per the purchasing price with an agreed profit).

What is Murabaha?

Murabaha refers to the sale of commodity on predefined price and profit. Murabaha is completed in two stages. In the first stage, the ORIXM purchases a commodity that the client is selling. In the second stage, the client agrees to a payment schedule for repurchasing the good.
Clients may approach ORIXM for financing of its assets and imports including Letter of Credit retirement.

Who can apply?

ORIXM offers Murabaha Finance to reputable Corporate/SME clients having satisfactory and proven track record, financial standing and a business line in consonance with Shariah and/or any regulatory directives issued in this respect.

Program Features

 
  • • Compliant with the Shariah principles.

  • • Accessible to reputable Corporates and SME clients.

  • • A panel of Surveyors, legal counsel, Takaful & Insurance companies is engaged with ORIXM.

  • • Flexible terms & conditions.

You can apply by: