How to apply for Murabaha margin on Sahm?

Users can apply for Murabaha margin through the Sahm platform by following these steps:

1. Tap the "More" icon in the upper left corner of the page, then select "Financial Services" and choose "My Margins."

2. Select "Apply for Margin", and then choose "Murabaha Margin." Tap "Next."

3. Fill in the risk information, then tap "Next."

4. Confirm the facility amount and fee information, then tap "Next."

Note:

• The facility amount cannot exceed the total collateral value of the cash and stocks in your account.
• You can customize your collateral cash and stocks based on your preferences.
• For Murabaha, red color stocks, those with a 100% initial margin rate, and non-Shariah compliant stocks are not eligible.
• Currently, you can collateralize up to a maximum of three stocks.

5. Select a stock and commit to purchase. Review the information and read the agreements, then tap "Submit."

6. Enter your trading password to complete the Murabaha margin application.