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Murabahah - Appendix A Notice From Institutions Customer Of Its Performance Of Purchasing Asset Or Good As Agent For Institution And Of Its Offer To Purchase Item From Institution According To Contract Of Murabahah

IM Research
By IM Research
6 years ago
Murabahah - Appendix A Notice From Institutions Customer Of Its Performance Of Purchasing Asset Or Good As Agent For Institution And Of Its Offer To Purchase Item From Institution According To Contract Of Murabahah

Murabahah


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  1. Shari ’ah Standard No. (8): Murabahah Appendix (A) Notice from Institution’s Customer of Its Performance of Purchasing Asset or Good As Agent for Institution, and of Its Offer to Purchase Item from Institution According to Contract of Murabahah Notice from the institution’s customer of its performance of the purchase of the asset or good as agent for the institution: From: (The Institution’s customer as agent) ............... To: (The Institution).......... In the performance of my contract of agency with you, I hereby inform you that I have purchased the item described below on your behalf and for your benefit. This item is in my possession on your behalf. In accordance with my promise to you, I hereby agree to purchase this item from you for a total price of …..., namely the cost price of …... plus the mark-up of ….... The payment of this price will be in accordance with the following schedule of instalments: - ……………………….. - ………………………. - ……………………….. Please send the acceptance in accordance with this offer. 216