ORIX Modaraba (formerly Standard Chartered Modaraba) also offers Murabaha (selling a commodity as per the purchasing price with an agreed profit).
Murabaha refers to the sale of commodity on predefined price and profit. Murabaha is completed in two stages. In the first stage, the OLPM purchases a commodity that the client is selling. In the second stage, the client agrees to a payment schedule for repurchasing the good.
Clients may approach OLPM for financing of its assets and imports including Letter of Credit retirement.
OLPM offers Murabaha Finance to reputable Corporate/SME clients having satisfactory and proven track record, financial standing and a business line in consonance with Shariah and/or any regulatory directives issued in this respect.
Compliant with the Shariah principles.
Accessible to reputable Corporates and SME clients.
A panel of Surveyors, legal counsel, Takaful & Insurance companies is engaged with ORIXM.
Flexible terms & conditions.