h
h
h
h
h
g
cs
c
     
Home
Banking info App
Web mail
Profit Rate
Service Standard
Green Banking
CSR
Complaint & Information Cell
   
   
   
 
Bai-Murabaha (Hypo):
 
uc
 
 
 

The terms "Bai-Murabaha" have been derived from Arabic words “Bai” and “Ribhun”. The word “Bai” means purchase and sale and the word “Ribhun” means an agreed upon profit."Bai-Murabaha" means sale on agreed upon profit.

Bai-Murabaha may be defined as a contract between a Buyer and a seller under which the Seller sells certain specific goods permissible under Islamic Shariah and theLaw of the land to the Buyer at a cost plus agreed profit payable in cash or on anyfixed future date in lump sum or by installments. The profit marked-up may befixed in lump sum or in percentage of the cost price of the goods.

 
 
         
  Key Features:      
 
*
Profit is shared as per agreement
   
         
 
*
Loss beared by client
   
         
 
*
Amount can be paid on installment basis.
   
         
 
*
Usual duration 1-2 year(s).
   
 
   
 
*
Rebate may be given on Early Adjustment
   
 
     
 
Profit rates of Investment products:
   

 

 

 

 

 

 

 
  
p
p
p
p
 
   
   
Copyright@ 2017 Union Bank Ltd. All Rights Reserved