Murabaha to Purchase Order

Murabaha Mode For Purchase – Order

The formula for calculating the Murabaha mode for purchase – Order:

Financing Asset x profit Ratio x financing period (in years) = profit .
Financing Asset + Profit = Total financing.
Total financing x Mutual Insurance Ratio x financing period (in years) = Mutual Insurance Installment.
Total financing + Mutual Insurance Installment =(Total Financing Including The Profit and Mutual Insurance).
Total financing including profit and mutual insurance ÷ financing period (in months) = financing monthly installment.

Conditions to participate In the Mutual Insurance Fund:

The client should not be more than 60 years.
The total of accrued liability in mutual insurance, including profit and installment, does not exceed JD200, 000 thousand.
The mutual insurance installment is calculated in the MURABAHA mode for purchase – order on the total financing (financing including profit).

Murabaha Calculator

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