Examples of Murabaha Transaction in a sentence
Subject to the immediately following sentence, each Deferred Sale Price shall, to the extent not previously paid in full, be payable in full upon maturity of the Murabaha Transaction, which date will coincide with the redemption of the Trust Certificates on the relevant Maturity Date or, if earlier, other final Dissolution Date.
For the avoidance of doubt, an Asset Portfolio for a relevant Series of Trust Certificates may comprise solely Tangible Assets, without any Issue Proceeds being applied towards any Murabaha Transaction.
An amount equal to the Deferred Sale Price of the maturing Subsequent Murabaha Transaction less the Subsequent Murabaha Contract Payment Amount paid by the Purchaser to the Sukuk Account on that Deferred Price Payment Date shall be applied as the Subsequent Murabaha Cost Price of the further Subsequent Murabaha Transaction entered into between by the Seller and the Purchaser on that date.
Pursuant to Clause 5 of the Murabaha Agreement, we also undertake to grant the Security over and assign the proceeds of the instruments issued in favor of and endorsed by the Customer as set out and attached (the “Instruments”) prior to each Murabaha Transaction taking place pursuant to the duly completed Murabaha Contract.
In this paper, we have proposed the Secure Electronic Murabaha Transaction (SEMT) protocol that provides a secure Murabaha sale service on the Internet.
We now describe the proposed Secure Electronic Murabaha Transaction (SEMT) protocol in detail.
Pursuant to Clause 5 of the Murabaha Agreement, we also undertake to grant the Security over and assign the proceeds of the instruments issued in favor of and endorsed by the Customer as set out and attached (the «Instruments») prior to each Murabaha Transaction taking place pursuant to the duly competed Murabaha Contract.
We then identify the security and Murabaha requirements for an electronic Murabaha transaction, and present the Secure Electronic Murabaha Transaction (SEMT) scheme, designed to address the identified requirements.
Is the Murabaha Transaction executed by the Bank for the outstanding credit Card amount, whereas the customer has expressed his desire to purchase the share of the Bank in the commodities and metal portfolio, owned commonly between the Bank and other partners (the “Partners”) and which are divided into commodity shares.
Each option may be exercised only by written notice given to Landlord not earlier than twenty-four (24) months and not later than eighteen (18) months prior to the expiration of the then existing Lease Term.