Common Contracts
1 similar Tawarruq Transactions Agent Nomination Agreement contracts
TAWARRUQ TRANSACTIONS AGENT NOMINATION AGREEMENTTawarruq Transactions Agent Nomination Agreement • December 22nd, 2015
WHEREAS, the Cardmember seeks to finance the Cardmember’s purchases by using a Card issued by American Express Saudi Arabia through a series of Tawarruq transactions in which American Express Saudi Arabia will purchase commodities in a Shari’a compliant manner and sell the commodities to the Cardmember at a pre-agreed profit margin; and
