Murabaha Pre-Shipment Financing Facility
Murabahah pre-shipment export financing is a facility extended for the purchase of raw materials and/or exportable goods. The Bank shall purchase goods that are to be exported at price that is less than the price agreed between the exporter and the importer. The exporter then exports goods at the value of foreign sales contract and thus earns profit.
- Please contact Coopbank Islamic to get more detail information and advices.