Murabaha

Murabaha is an agreement according to which LLC «Miras FC» informs the Client about the value of the goods (vehicles, equipment, etc.), its characteristics, and then sells these goods to the Client in installments for a certain period, adding an additional amount to the original cost of the goods. The client repays the assigned amount according to the payment schedule, in equal or unequal installments.

Murabaha is of two types:

1. Murabaha is ordinary. In this case, LLC «Miras FC» acts as a dealer, that is, it buys the goods before the request of the Client and in the case of the request of the Client, sells him the goods at the disposal of LLC «Miras FC» with a surcharge.

2. Murabaha at request. In this case, LLC «Miras FC» purchases the goods at the request of the Client in ownership (with pre-agreed specifications and individual characteristics), and then sells this product to the Client with an agreed margin with payment by installments.

The main parameters of the Murabaha agreement:

  • cost of goods (from 300 thousand to 30 million rubles);
  • rate of rise in price,
  • contract term (within 1 year (minimum term) — up to 5 years (maximum term),
  • type of payment (annuity / declining);

and other terms of financing are determined by the parties under the Agreement.