Turkish - English
Definition of murabaha in Turkish English dictionary
- lawusury, lending money at an illegal rate of interest
English - English
Definition of murabaha in English English dictionary
- This is a contract whereby a financial institution buys goods for a customer from a third party and then resells the goods to the customer at a pre-agreed price on deferred payment terms
- One of the most controversial type of transaction, it is a contract of sale in which payment is made some time after delivery of the goods transacted Used as the basis of modern Islamic banking since the amount charged for deferred payment is in excess of the current market price (usually by an amount approximately equivalent to the prevailing rate of interest)
- A contract of sale between the bank and its client for the sale of goods at a price plus an agreed profit margin for the bank The contract involves the purchase of goods by the bank which then sells them to the client at an agreed mark-up Repayment is usually in installments
Turkish - Turkish
Definition of murabaha in Turkish Turkish dictionary
- (Osmanlı Dönemi) Bir malı kâr ile satmak
- (Osmanlı Dönemi) Fâiz ile para alıp vermek
- (Osmanlı Dönemi) Bir miktar ilâve ederek ödünç para alıp vermek
- (Hukuk) Yasanın belirlediğinden fazla faiz alınması, tefecilik
- Tefecilik. Bir malı çok fazla karla satma
- Tefecilik
- Kanunun izin verdiği sınırdan aşkın faiz alma, tefecilik
- Malı alan bir tüccarın malı aldığı fiyat üzerine kendi kar payını da koyarak satmasına müslüman hukukunda verilen isim
- Bir malı çok fazla kârla satma