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Murabaha Facility Agreement State Bank of Pakistan Form

Murabaha Facility Agreement State Bank of Pakistan Form

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welcome back to our Islamic Finance seminar uh the last week uh we have done on the deposit product in Islamic banking which is uh you when the customer goes to the bank and puts money inside so so we saw the different type of account current account saving account and so on and then the Islamic equivalence to those things and we also something we saw something new which is uh the Islamic equivalent of fixed deposit accounts which was uh introduced about 10 years back so using uh the one what you call and also uh commodity Maha okay now today we are going on to the financing side where the the banks gives money for people who needs money okay supposing uh person who wants to run an auto three-wheeler uh transport he goes to the bank and he gets uh financing in India for example and then it you know and then it's hypothecated to the bank that means they have collateral on the bank so then means the the the auto driver cannot sell the auto until he completes his loan to the bank

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