# Murabaha (also used in German)

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- Post ID: 588742
- Modified: 2023-07-25T21:13:04+00:00
- Language: en

## Definition

In Islamic banking, a purchase and repurchase agreement in which an asset is acquired by the bank on behalf of a customer. The customer buys the asset from the bank at a predetermined repurchase price. This price includes the bank's costs as well as any appreciation and risk premium (a financial institution plays a role of sales intermediary, buying goods needed by clients and then selling them on later at a profit. This is similar to securitization and nominee agreements). - See ijara, istisna, mudaraba, musharaka, option, qard al-hasan, salam, sukuk, interest prohibition. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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