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How is murabaha used as a mode of financing? Explain the multiple agreements signed between bank and client. Also discuss the issues of murabahah.
How is murabaha used as a mode of financing? Explain the multiple agreements signed between bank and client. Also discuss the issues of murabahah.
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ANSWER Murabaha also known as costplus financing is an Islamic financing structure in which the seller and the buyer agree on the cost and markup of an asset before the sale is completed The markup ta...Get Instant Access to Expert-Tailored Solutions
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