Anticipated Profit Rate definition

Anticipated Profit Rate means the rate of the Anticipated Profit to be generated as specified in BML Islamic Schedule of Charges and Fees by the Wakil (agent) in relation to the Wakala Transaction for the Muwakkil (principal).
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Anticipated Profit Rate means, in relation to a Wakala Investment, the profit rate specified in the Wakil Offer Notice, which the Wakil expects to achieve during relevant Wakala Transaction Period by investing the Investment Amount for and on behalf of the Muwakkil in accordance with the provisions of these Wakala Terms.
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Anticipated Profit Rate means the rate of the Anticipated Profit to be generated by the Wakeel in relation to this Wakalah Transaction for the Muwak- kil as specified in the Offer and Acceptance.
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Examples of Anticipated Profit Rate in a sentence

  • Clause 8 (Early Termination)This clause deals amongst other things with the right of the Muwakkil to terminate a Wakalah Investment Transaction, the Wakil’s acceptance of an Early Termination Request and the ability of the Wakil to notify the Muwakkil of a Revised Anticipated Profit Rate (See Clause 8.3).

  • If the Actual Profit Rate is greater than the Anticipated Profit Rate, the Wakil shall pay to the Muwakkil the Maturity Proceeds in accordance with Clause 3.4(a) and retain the excess as an incentive payment.

  • If the Wakil, at any time during the Wakalah Transaction Period, determines that the Actual Profit Rate in relation to a Wakalah Investment Transaction, may be lower than the Anticipated Profit Rate, the Wakil shall as soon as practicable notify the Muwakkil thereof in writing and indicate the revised Anticipated Profit Rate which the Wakil estimates that it will be able to achieve in relation to the remaining period of the relevant Wakalah Investment Transaction (the “Revised Anticipated Profit Rate”).

  • What are the Key Features(continuation) Clause 8 (Early Termination)This clause deals amongst other things with the right of the Muwakkil to terminate a Wakalah Investment Transaction, the Wakil’s acceptance of an Early Termination Request and the ability of the Wakil to notify the Muwakkil of a Revised Anticipated Profit Rate (See Clause 8.3).

  • The ESMF document includes a generic EMP and sample templates for monitoring environmental and social risks that will be applied, customized and further developed for each specific sub- project, and applied during the construction design stages.

  • In case of early termination of Wakalah investment transaction, wakil will notify the muawakkil of Anticipated Profit Rate (APR) which will be finalized with the actual profit earned by the investments.

  • Clause 8 (Early Termination)This clause deals amongst other things with the right of the Muwakkil toterminate a Wakalah Investment Transaction, the Wakil’s acceptance of an Early Termination Request and the ability of the Wakil to notify the Muwakkil of a Revised Anticipated Profit Rate (See Clause 8.3).

  • In case of early termination of Wakalah investment transaction, wakil will notify the muawakkil of Minimum Anticipated Profit Rate (MAPR) which will be finalized with the actual profit earned by the investments.

  • If, however, the Anticipated Profit Rate is not met, the Wakil shall only be under an obligation to return the Actual Profit Rate.

  • Consequently, the respondent took the decision that it could reduce the number of it’s internal SDM’S roles to 5, as a means to save costs in the light of the anticipated reduction in profits.


More Definitions of Anticipated Profit Rate

Anticipated Profit Rate means, in relation to a Wakalah Investment Transaction, the profit rate specified in the Wakil Offer Notice, which the Wakil expects to achieve during relevant Wakalah Transaction Period by investing the Investment Amount for and on behalf of the Muwakkil in accordance with the provisions of this Agreement.
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Anticipated Profit Rate means the rate of the Anticipated Profit to be generated by the Wakil in relation to the Wakala Transaction for the Muwakkil as specified in an Offer. ‘Business Day’ means the days on which the Muwakkil and the Wakil are open for business.
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Anticipated Profit Rate means the rate of the Anticipated Profit to be generated by the Wakeel in relation to this Wakalah Transaction for the Muwakkil as specified in the Offer and Acceptance.
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Anticipated Profit Rate. The profit rate calculated annually and expected to be generated by the Bank with respect to the Investment Transaction as defined in the preamble.
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Anticipated Profit Rate means the rate of the Anticipated Profit to be generated by the Wakil in relation to the Wakala Transaction for the Muwakkil as specified in an Offer. ’Business Day‘ means the days on which the Muwakkil and the Wakil are open for business. ’EIBOR‘ means the arithmetic mean (rounded upwards to four decimal places) of the EIBOR screen rate, being the UAE Interbank Dirham Offered Rate for Dirhams displayed on the appropriate page of the Reuters screen, or such other method of calculating EIBOR, as the Wakil shall determine in its reasonable discretion. ’Investment Date‘ means the date on which the Wakala Amount is received by the Wakil, in relation to a Wakala Transaction specified in the Offer, or the date on which a new Wakala Transaction is entered into pursuant to the automatic roll-over provisions in Clause 4.4 below. ’Maturity Date‘ means the proposed date on which the Maturity Proceeds of the Wakala Transaction are to be paid to the Muwakkil, as specified in the Offer. ’Maturity Proceeds‘ means the amount due to the Muwakkil on the Maturity Date, calculated in accordance with the Offer and the provisions of clause 4.
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Related to Anticipated Profit Rate

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes.

  • Rate of Return means the rate used to determine the amount credited monthly to a Participant’s Account under Article IV. Such rate shall be determined by the Administrative Committee based upon the net performance of the Earnings Indices selected by the Participant.

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • SOFR Compounded Index means the Compounded SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.