Common Contracts
3 similar Wakalah Agreement contracts
ContractWakalah Agreement • September 3rd, 2020
WAKALAH AGREEMENT THIS WAKALAH AGREEMENT is made on the day and year stated in Section 1 of Schedule 1 (hereinafter shall be referred to as “Wakalah Agreement”) hereof BETWEEN Small Medium Enterprise Development Bank Malaysia Berhad (Company No.:49572-H), a company incorporated in Malaysia and having its registered office at Aras 22, Menara SME Bank, Jalan Sultan Ismail, 50250 Kuala Lumpur (hereinafter shall be referred to as “Bank”) of the one part; AND THE PARTY whose name and description as stated in Section 2 of the Schedule 1 hereof (hereinafter shall be referred to as “Customer”) of the second part. WHEREAS: A. By the notification (“Notification Letter”) issued by the Bank to the Customer, the Bank has approved and has agreed to grant and make available to the Customer the facility stated therein for the maximum aggregate sum stated in Section 3 of Schedule 1 hereof (hereinafter shall be referred to as the "Facility Amount") under the Shariah principle of Murabahah via Tawarr
ContractWakalah Agreement • August 27th, 2020
WAKALAH AGREEMENT THIS WAKALAH AGREEMENT is made on the day and year stated in Section 1 of Schedule 1 (hereinafter shall be referred to as “Wakalah Agreement”) hereof BETWEEN Small Medium Enterprise Development Bank Malaysia Berhad (Company No.:49572-H), a company incorporated in Malaysia and having its registered office at Aras 22, Menara SME Bank, Jalan Sultan Ismail, 50250 Kuala Lumpur (hereinafter shall be referred to as “Bank”) of the one part; AND THE PARTY whose name and description as stated in Section 2 of the Schedule 1 hereof (hereinafter shall be referred to as “Customer”) of the second part. WHEREAS: A. By the notification letter dated 28 August 2020 (“Notification Letter”) issued by the Bank to the Customer, the Bank has approved and has agreed to grant and make available to the Customer the facility stated therein for the maximum aggregate sum stated in Section 3 of Schedule 1 hereof (hereinafter shall be referred to as the "Facility Amount") under the Shariah princ
ContractWakalah Agreement • August 25th, 2020
WAKALAH AGREEMENT THIS WAKALAH AGREEMENT is made on the day and year stated in Section 1 of Schedule 1 (hereinafter shall be referred to as “Wakalah Agreement”) hereof BETWEEN Small Medium Enterprise Development Bank Malaysia Berhad (Company No.:49572-H), a company incorporated in Malaysia and having its registered office at Aras 22, Menara SME Bank, Jalan Sultan Ismail, 50250 Kuala Lumpur (hereinafter shall be referred to as “Bank”) of the one part; AND THE PARTY whose name and description as stated in Section 2 of the Schedule 1 hereof (hereinafter shall be referred to as “Customer”) of the second part. WHEREAS: A. By the notification letter dated 28 August 2020 (“Notification Letter”) issued by the Bank to the Customer, the Bank has approved and has agreed to grant and make available to the Customer the facility stated therein for the maximum aggregate sum stated in Section 3 of Schedule 1 hereof (hereinafter shall be referred to as the "Facility Amount") under the Shariah princ
