Common use of Determination of Profits Clause in Contracts

Determination of Profits. The Mudaraba Investment will not carry a pre-determined rate of profit for any particular investment. The profit of the Mudaraba Fund, however, will be calculated and announced in periodic intervals as decided by the Mudarib for the profits realized up to the relevant period.

Appears in 4 contracts

Samples: Mudaraba Savings Account Application, Mudaraba Savings Account Agreement, Mudaraba Children’s Savings Account Application

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