Types: Pledge Hypothecation Term Finance Trust Receipts Ship Breaking Spot 2. Local Purchase Murabaha Types: Pledge Hypothecation Term Finance Trust Receipts Spot 3. Advance against Future Murabaha (imported/local) In Advance against Future Murabaha, goods are purchased by the bank who maintains ownership until customer request to purchase the same from bank on spot Murabaha basis. Hence, goods are not consumed till the same is sold by bank to customer. This facility is provided on short term basis i.e. maximum for one year.