Khyber Cotton Ginners is engaged in cotton ginning, pressing, oil extraction and trading business of all kinds of seasonal commodities. The Murabaha facility will be used for purchasing Phutti/Pod, cotton seed, oil cake and cotton seed oil from grower/ land lord/ commission agents/ broker/ local market in which the price is fixed in the beginning. Since the suppliers are from unorganized market and as per the market norm no formal invoice is issued and sometimes suppliers do not accept Cheques/ Pay Orders. However, in lieu of formal Invoices/ Payment evidences customer will provide General Voucher & Purchase Bill as per customers practice. Following are the details of this transaction: 1. Murabaha Financing Amount: PKR 10 million 2. Profit Rate 10% 3. Tenure: 1 year 4. Profit Payment: Quarterly 5. Principal payment: At maturity 6. Disbursement Date: January 01, 2019 7. Declaration Date: January 05, 2019 8. Contract Date: January 10, 2019 Proposed Process Flow 1. Bank will disburse the requested amount to make direct payment to the supplier(s) (growers/landlords/brokers/grain market). 2. Banks official would conduct physical inspection of the transactions to ensure that the goods are not sold or consumed before signing of Murabaha Contract. 3. Customer to inform bank about the receipt of goods through Declaration form along with any Purchase Evidences. 4. Customer will offer to purchase the same goods from Bank via a Murabaha Contract. Banks official and the customer must ensure that the goods are not consumed before the Murabaha Contract is executed. 5. Bank to conduct supplier verification and confirm the genuineness of purchase evidences provided by the customer as and when required and in case of any misrepresentation bank reserves the right to call back the facilities. 6. Banks official will educate the customer about the Murabaha transaction. 7. Customer to negotiate with the supplier as an agent of the bank and must submit an Order Form to the bank. 8. Banks goods will be separately identified by separate placement/stacking of goods from other stocks available in the godown of customer. 9. Bank and Khyber Cotton Ginners to enter into MMFA and Agency Agreement. 10. Customer to intimate about the estimated date of making payment to supplier and estimated date of receipt of goods in the Order Form. 11. Bank will accept the offer by counter signing the Murabaha Contract and communicate the same to customer after counter signing. With this the ownership of assets will transfer to the customer and Payment Schedule will also be finalized. Questions 1. Arrange the above given proposed structure of Credit Murabaha financing in a proper sequence and add steps (if required).