Banking
Murabaha Installment Collected
Collecting a monthly Murabaha installment from the customer.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Customer Account | Asset (+) | 2,708.00 | - |
| Murabaha Receivable (Principal) | Asset (-) | - | 2,083.00 |
| Deferred Murabaha Income (Released) | Liability (-) | 625.00 | - |
| Murabaha Income (Revenue) | Revenue (+) | - | 625.00 |
💡 Accountant's Note
Each installment reduces the receivable and releases deferred income to revenue. The income recognition mirrors the EIR method for conventional loans — ensuring consistent P&L treatment across Islamic and conventional products.
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