Glossary entry

Arabic term or phrase:

تمويل بالمرابحة

English translation:

credit-sales financing

Added to glossary by Randa Farhat
Sep 1, 2004 11:46
19 yrs ago
Arabic term

تمويل بالمرابحة tamweel bil mooraabahat

Arabic to English Bus/Financial Finance (general)
Any idea about "mooraabahat"? Thanks...

Proposed translations

+3
2 hrs
Arabic term (edited): ����� ���������
Selected

credit-sales financing

credit-sales financing

Murabaha is applied by certain Islamic banks by financing your purchases on credit (they pay for your purchase and own it then sell it to you through an installments-plan)

this bank, "Kuwait Finance House", a leader in 'Muranaha' in the local banking sector, calls its Murabaha: 'Credit-Sales'
http://www.kfh.com/english/commercial/Murabaha/index.asp
see first line, or click on sixth point "Legitimacy of Murabaha" which gives some explanation
http://www.kfh.com/english/commercial/Murabaha/index.asp#6

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Note added at 2 hrs 48 mins (2004-09-01 14:34:49 GMT)
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typo, a leader in \'Murabaha\'
Peer comment(s):

agree mosbadr200 : You may better use: financing on-credit purchases
27 mins
thank you
agree Hanan Ghannoum
15 hrs
thank you
agree Alaa AHMED : I prefer using the term Murabaha "Credit-sales"
2 days 17 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks, Randa, seems like credit-sales financing is self-explanatory enough..."
+1
5 mins
Arabic term (edited): ����� ��������� tamweel bil mooraabahat

cost-plus-financing

This is a term in Islamic economics. Please see the link below for an explanation:
http://www.proz.com/?sp=h&id=570268
Peer comment(s):

agree tekki : also called Muraabaha financing. Personally worked on the subject,
36 mins
yes, or commonly transliterated as "murabaha"; thanks for your input tekki :-)
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