There are 8 names in this directory beginning with the letter M.
The public good, towards which, under Shariah law, all commercial transactions should be geared.
Mudaraba is a partnership where one partner gives money to the other to invest in a commercial enterprise. The investment comes from the first partner who is called rabb-ul-mal, while the management and work is the exclusive responsibility of the other, who is called mudarib. The division of any profit is agreed in advance
Murabaha is a transaction in which the seller candidly reveals to the buyer the cost of the underlying commodity (as originally incurred by the seller), on the agreement that a specific amount of profit (mark-up) will be added thereto. In this sense, murabaha is not an interest-bearing loan; it is, rather, a sale of a commodity for cash/deferred price. Murabaha accounts for quite a large percentage of Islamic banks' business (60-70% of all financing transactions are conducted through murabaha).