Common use of Profits Distribution Clause in Contracts

Profits Distribution. The net profits of the joint investment pool shall be distributed amongst the shareholders and depositors according to their respective weightages in the invested funds. The Bank, as Mudharib, shall be entitled to {90%} of the depositors' net profits.

Appears in 2 contracts

Samples: Banking Services Agreement, Banking Services Agreement

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Profits Distribution. The net profits of the joint investment pool shall be distributed amongst the shareholders and depositors according to their respective weightages in the invested funds. The Bank, as Mudharib, shall be entitled to {90%} a percentage of the depositors' net profitsprofits as notified and displayed at the branches of the Bank.

Appears in 1 contract

Samples: Banking Services Agreement

Profits Distribution. The net profits profits of the joint investment pool shall be distributed amongst the shareholders and depositors according to their respective weightages in the invested funds. The Bank, as MudharibMudarib, shall be entitled to {90%} % of the depositors' net profits’ share of Mudaraba profit (or as amended from time-to-time subject to 90 days prior notice to the depositors).

Appears in 1 contract

Samples: Banking Services Agreement

Profits Distribution. The net profits profits of the joint investment pool shall be distributed amongst the shareholders and depositors according to their respective weightages in the invested funds. The Bank, as MudharibMudarib, shall be entitled to {90%} of the depositors' net profitsprofits.

Appears in 1 contract

Samples: Banking Services Agreement

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Profits Distribution. The net profits profits of the joint investment pool shall be distributed amongst the shareholders and depositors according to their respective weightages in the invested funds. The Bank, as Mudharib, shall be entitled to {90%} of the depositors' net profitsprofits.

Appears in 1 contract

Samples: Banking Services Agreement

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