Participation in the Profits. a) The Customer agrees that the weighted average balances will be considered for the profit distribution based on the Weightages for each Account assigned in line with the Profit Distribution Policy of the Bank as approved by the Sharia Board.
Appears in 2 contracts
Samples: rakbank.ae, rakbank.ae
Participation in the Profits. a) The Customer agrees that the weighted average balances will be considered for the profit distribution based on the Weightages for each Account assigned in line with the Profit Distribution Policy of the Bank as approved by the Sharia Xxxxx’a Board.
Appears in 2 contracts
Samples: Banking Services Agreement, alizzislamic.com