CONFIRMATION OF GOODS PURCHASED
With reference to the Agency Agreement dated _________ and the Institution’s instructions contained in Murabaha Document # 3/1, we hereby declare and certify that acting as your Agent, we have delivered the payment order/ Cross Cheque given by your good selves to M/s _________________________________________ and purchased on your behalf the Goods as detailed in Murabaha Document # 3/2).
Further the Goods are in my/our possession at the following address:
Copies of bill/cash memo/invoice issued in the name of “Ist Islamic Bank – ABC Company” by M/s _____________________________are attached.
For and on behalf of [insert Agent’s name]
OFFER TO PURCHASE
I/We offer to purchase the above Goods from you for a Contract Price of Rs. ______________________ (Rupees ________________________________________ only).
I/We undertake to pay the Contract Price referred to above in lump sum on _______, or in __________installments, if agreed by the Institution, as per the attached schedule (Murabaha Document # 6).
For and on behalf of [Insert Agent’s name]
We have accepted your offer and have sold the above-mentioned Goods to you on the following terms and conditions.
1) The Contract Price is Pak Rs._________ (Rupees only) comprising cost incurred Rs._________ , plus Profit Rs. __________ (Rupees___________________________).
2) The Contract Price stated above shall be payable in lump sum on __________ or in _____installments, as per the attached schedule (Murabaha Document # 6).
For and on behalf of [Insert name of the Institution]
AUTHORISED SIGNATORY AUTHORISED SIGNATORY