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Amanah Commodity Murabaha
Amanah Commodity Murabaha provides a short-to-medium term financing solution for your working capital and liquidity needs. The structure is Shariah compliant which involves trading in a commodity (typically a metal) on a cost plus profit basis.
With Amanah Commodity Murabaha we aim to cover the following areas of financing for you, ,however, there is flexibility to address other financing needs as well:
Payment for services
IPO Financing
Bridge Financing - for purchasing equipment
Purchase of shares where Share Murabaha is not possible
General purpose finance
Main features
Pricing competitive with the market
1-6 months tenor (Longer tenors will be financed under revolving structure)
Various payment schemes
Simple documentation and quick turn-around time
Product structure
Based on the amount of financing you need, the Bank will purchase commodities at a specified cost price from the international market and will sell it to you on deferred payment at a Sale Price (cost plus profit). The cost , profit amount and deferred payment date have to be determined at outset.
You then sell the commodities to Broker on immediate payment and delivery basis through your Agent (a subsidiary of the Bank)
