Murabaha financing problems from the clients’ point of view (a field study on a sample of bank clients financed by Murabaha in El Obeid City)

Abstract

The study aimed to identify the problems faced by bank customers when requesting Murabaha financing, and to propose the necessary solutions to address these problems to achieve full use from Murabaha financing opportunities. The results of the study showed that one of the problems faced by customers when requesting Murabaha financing is represented in the Central Bank’s identification of specific areas for Murabaha financing while not allowing some areas, which leads to depriving some customers of making use of this financing, and that the ceilings set by the Central Bank for Murabaha financing, which are not allowed to be exceeded, are not commensurate with the investment ambitions of some clients. The study recommended that the Central Bank should allow banks to expand in the areas of Murabaha financing, and allow increase in the ceilings of Murabaha financing until the full use from this financing is achieved.