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Sukuk al-Murabaha

Cost-plus sukuk rail representing certificates of indebtedness arising from a Murabaha transaction. The issuer sells a commodity to sukuk holders at cost plus a disclosed profit margin, with payment deferred. Sukuk al-Murabaha is commonly used for short-term liquidity management and treasury instruments, though its non-tradability at secondary market (due to debt nature) limits it to primary issuance or held-to-maturity portfolios.

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