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Master Murabaha Facility Agreement
Does the sample MMFA assume the bank already has the goods?
If what is meant is the Agreement available at www.EthicaInstitute.com, in section 2.01 it says "Upon receipt by the Institution of the Client's Purchase Requisition advising the Institution to purchase the Goods and making payment therefore, the Institution shall acquire the Goods either directly or through the Agent." This shows that the Agreement does not assume the bank already possesses the goods.

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