Murabahah Service for Banks and Corporates has been launched by Bahrain Bourse
June 01, 2020
Bahrain Bourse (BHB) has launched a Murabahah service for banks and corporates. This service is part of BHB's on-going efforts to develop Bahrain's capital market, and is in line with BHB's strategic objective of ‘Cultivating Capital Raising & Investment Opportunities’.
BHB’s Murabahah service intends to meet the growing needs of interbank, corporate and retail customers, supporting the efforts of BHB to expand as well as diversify its services, in order to cater to different customer segments through a new and unique service line. All Murabahah transactions will be backed by Shariah-compliant Sukuk Ijarah, whilst an online service will facilitate these Sukuk Ijarah-based Murabahah transactions.