A Murabaha contract is a transaction that involves the installment sale of goods purchased by the bank upon the client’s request, or goods owned by the bank at the time of the client’s application. The sale price of the goods by the bank is determined by the parties as the sum of the purchase price and the markup agreed upon in the contract.
How the installment plan works
At any “PROFIB” sales office, calculate the required quantity of products and receive the invoice on your WhatsApp along with a QR code for payment.
Visit the MBANK branch with your passport and invoice to receive the bank’s approval and the contract.
Make the payment using the QR code and collect the goods from the factory premises.
Attention: transportation at your own expense.
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