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| Wednesday, January 07, 2009
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The bank purchases commodities, equipments, or appliances upon the client's request and specifications. The client commits to purchasing the commodity for its cost price in addition to the agreed upon profit. The amount may be settled in one payment or in installments.
This type of financing may be used for:
- Automobiles
- Construction Materials
- Raw Materials
- Equipments & Appliances
- Trade Goods
- Long- term Goods & Furniture
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