MOUSSAWAMA FINANCING

This is an Islamic financing operation whereby AL AMANA purchases specific services (travel, access to academic studies or training sessions, etc.) from a service provider at the request of its client as principal, and then resells them to the latter at a pre-determined selling price to be paid within the timeframe agreed between the parties.

Contrary to the MOURABAHA sale

Microfinance has no obligation to report the purchase cost and profit margin applied in a MOUSSAWAMA sales transaction.