Murabaha is a sale contract whereby the Bank purchases the goods directly or through an agent, and after subsequently, sell it to the customer on a cost-plus-profit basis.
Advance Against Import makes it easier for you to meet short-term working capital and medium-term financing needs at fixed rates, when you import goods like machinery, raw material, building material, or stock equity and other financial instruments acceptable to Shariah. The facility is based on the Islamic concept of Murabaha.
