Murabaha

The AP describes how an Islamic mortgage, also known as Murabaha financing, works:

The Wright Stuff 2009

The loan is a so-called Murabaha sale, in which the seller states a price and the markup and is a way to avoid payment of interest, which is barred by Islamic law.

Aston Deal Taps Islamic Cash 2008

A Murabaha is a cost-plus-profit arrangement which complies with Islamic law.

unknown title 2011

A Murabaha is a three-party contract where a customer places an order at a bank to purchase goods from a supplier by paying a deposit and securing the rest through a collateral.

BusinessWeek.com -- Top News 2011

Surely if the Minnesota home-buying program -- called Murabaha financing -- were reserved for only Christians or Jews, the ACLU would have roared by now.

Libertarian Blog Place 2009

Surely if the Minnesota home-buying program -- called Murabaha financing -- were reserved for only Christians or Jews, the ACLU would have roared by now.

Libertarian Blog Place 2009

Here's how the mortgage, known as Murabaha financing or "cost plus sale," works:

بالاترین 2009

Here's how the mortgage, known as Murabaha financing or "cost plus sale," works:

News 2009

Here's how the mortgage, known as Murabaha financing or "cost plus sale," works:

Power Line 2009

Here's how the mortgage, known as Murabaha financing or "cost plus sale," works:

Power Line 2009