Islamic Finance

Sharjah Islamic Bank launches ‘Commodity Murabaha’ service in cooperation with DMCC


Sharjah Islamic Bank (SIB) has recently launched a Sharia’ a compliant ‘Commodity Murabaha’ financing solution for its Corporate Banking customers, in cooperation with DMCC (Dubai Multi Commodities Centre). This new product will enable SIB clients to benefit from the online Trade Flow platform of DMCC, to conduct commodity Murabaha transactions for bank’s corporate and retail customers.

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