Murabaha

Murabaha is the most widespread mode of Islamic financing. It is also known as Mark up or Cost plus financing. It involves the purchase of goods by the bank as requested by its client. The goods are sold to the client with a pre-agreed mark-up. Repayment, usually in instalments is specified in the contract. It is a financing technique used for Goods, Auto and Home finance.

Nucleus Software’s FinnOne Neo product caters to the origination and servicing requirements of the Auto Finance (Murabaha) and Home Finance (Murabaha)