Murabaha Assets Finance is a customized Shari’a compliant assets finance product that truly reflects the needs and requirements of your business. This unique offering provides you with financing opportunities for longer or shorter terms to meet working capital requirements such as purchase of commodities (goods & equipment) or heavy vehicles through the Islamic contract of ‘Murabaha'.
How does it work?
Through this financing facility, Commercial Bank of Dubai Al Islami will purchase the assets at your request, and then sell it to you at an agreed fixed profit rate. This allows you to own the assets and pay for it in easy installments. The settlement term for Murabaha financing varies according to the nature of the purchases and the working capital cycle of the customers.
Our Murabaha Assets Finance encompasses the following financing products:
Murabaha local purchase (goods & equipment)
Under this financing facility you can meet the working capital needs and requirements of your business to purchase the following:
- Local purchase of equipment/commodities/goods
- Purchase of raw material for exports
- Local purchase of raw materials for production of equipment/commodities/goods