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PROCLAMATION OF SALE IN THE MATTER OF COMMODITY SURABAYA FACILITY AGREEMENT (COMMODITY SURABAYA ST TERM FINANCING FOR HOME/PROPERTY) AND DEED OF ASSIGNMENT (1 PARTY) TH BOTH DATED 30 DAY OF JULY 2018

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How to fill out murabahah facility agreement

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Understand the terms and conditions of the murabahah facility agreement.

02

Obtain the necessary documents from the financier to fill out the agreement.

03

Fill out the agreement accurately with all required information.

04

Review the filled agreement for any errors or missing information.

05

Sign the agreement along with the financier and keep a copy for your records.

Who needs murabahah facility agreement?

01

Businesses or individuals looking to finance the purchase of assets through a Sharia-compliant financing structure.

02

Financiers offering murabahah financing facilities to their clients.

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What is murabahah facility agreement?

A murabahah facility agreement is a type of Islamic financing agreement in which the bank or financial institution buys a specific asset for their client and then sells it to the client at a higher price with a profit margin included.

Who is required to file murabahah facility agreement?

The bank or financial institution offering the murabahah facility agreement is required to file it.

How to fill out murabahah facility agreement?

To fill out a murabahah facility agreement, the bank or financial institution needs to include details about the asset being purchased, the selling price to the client, and other terms and conditions of the agreement.

What is the purpose of murabahah facility agreement?

The purpose of a murabahah facility agreement is to provide financing to clients in a Sharia-compliant manner, where the bank earns a profit on the sale of the asset rather than through interest.

What information must be reported on murabahah facility agreement?

The murabahah facility agreement must include details about the asset, selling price, profit margin, payment terms, and any other relevant terms and conditions.

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