Commodity Murabahah Investment definition

Commodity Murabahah Investment means a commodity murabahah investment forming part of the Wakalah Venture and which will be in the form of a Commodity Murabahah Investment Agreement.
Commodity Murabahah Investment means a commodity murabahah investment forming part of the Wakalah Venture pursuant to the Commodity Murabahah Investment Agreement.
Commodity Murabahah Investment means the investment by the Wakeel of the Balance Sukuk Proceeds received from the Sukukholders into the relevant investment portfolio which comprise of the purchase and sale of the Commodities under the Shariah principle of Murabahah;

Examples of Commodity Murabahah Investment in a sentence

  • The remaining balance of the Sukuk Proceeds after investment into the Shariah-compliant Business shall be invested into the relevant Commodity Murabahah Investment.

  • For the avoidance of doubt, Ibra’ will only be applicable to the Commodity Murabahah Investment portion of the Wakalah Investments i.e. the Deferred Sale Price.

  • Commodity Murabahah Investment The remaining balance of the Sukuk Proceeds shall be invested into the Commodity Murabahah Investment.

  • The Commodity Murabahah Investment shall be effected as follows: (i) Khazanah as the Buyer shall issue a Purchase Order to the Investment Wakeel and the Sukuk Trustee (acting on behalf of the Sukukholders) or via its agent with an undertaking to purchase the Shariah-compliant commodities from the Sukukholders at the Deferred Sale Price.

  • While under the investment in the Commodity Murabahah Investment, Khazanah as the Buyer, would obtain the proceeds from the Sukuk Investments via the sale of the Shariah-compliant commodities to the Commodity Buyer on spot basis for cash.

  • The Wakeel shall ensure that the Wakalah Portfolio shall at all times consist of Shariah-compliant Business or assets and Commodity Murabahah Investment throughout the tenure of the Sukuk Wakalah.

  • Dissolution Distribution Amount Sukuk Investments (Tangible Assets & Commodity Murabahah Investment) Ihsan(Wakeel/Issuer) Sukukholders1(a).

  • Commodity Murabahah InvestmentThe remaining balance of the Sukuk Proceeds shall be invested into the Commodity Murabahah Investment.

  • The remaining proceeds of the Sukuk Wakalah shall be utilised by the Wakeel for investment in the Commodity Murabahah Investment.

  • Pursuant to the commodity Murabahah investment agreement entered into between the Purchaser, the Wakeel and the Sub-Agent (“ Commodity Murabahah Investment Agreement”), the Purchaser shall, from time to time, issue a purchase order (“Purchase Order”) to the Wakeel and the Sub-Agent.


More Definitions of Commodity Murabahah Investment

Commodity Murabahah Investment means a commodity murabahah investment forming part of the Wakalah Venture and which will be in the form of the Commodity Murabahah Investment Agreement. Any loss incurred under the Wakalah Venture shall be borne by the Trust Certificates Holders in proportion to the Nominal Value of the Trust Certificates held by each Trust Certificates Holder. Shariah-compliant Shares The Wakalah Agreement requires that on the Closing Date anamount equal to at least 51 per cent. of the Proceeds shall beapplied to acquire certain Shariah-compliant Shares, by way of transfer of beneficial ownership, to be held as part of the Wakalah Venture.
Commodity Murabahah Investment means a commodity murabahah investment forming part of each Series Wakalah Venture and which will be in the form of the Commodity Murabahah Investment Agreement. Any loss incurred under each Series Wakalah Venture shall be borne by the Trust Certificates Holders of the relevant Series in proportion to the Nominal Value of the Trust Certificates held by each Trust Certificates Holder.Shariah-compliant Shares The Wakalah Agreement of each Series requires that on the ClosingDate an amount equal to at least 51% of the Series Proceeds for such Series shall be applied to acquire certain Shariah-compliant Shares, by way of transfer of beneficial ownership, to be held as part of the Series Wakalah Venture.

Related to Commodity Murabahah Investment

  • Commodity contract means a commodity futures contract, an option on a commodity futures contract, a commodity option, or another contract if the contract or option is:

  • Commodity Account is any “commodity account” as defined in the Code with such additions to such term as may hereafter be made.

  • Commodity Agreement means any commodity futures contract, commodity swap, commodity option or other similar agreement or arrangement designed to protect against fluctuations in the price of commodities or to otherwise manage commodity prices or the risk of fluctuations in commodity prices.

  • Commodity Interests means commodity futures contracts, options on commodity futures contracts, and options on physical commodities traded on or subject to the rules of:

  • Commodity Agreements means, in respect of any Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement in respect of Hydrocarbons used, produced, processed or sold by such Person that are customary in the Oil and Gas Business and designed to protect such Person against fluctuation in Hydrocarbon prices.

  • Commodity means any material, article, supply, goods, or equipment.

  • Commodities Accounts (i) shall mean all “commodity accounts” as defined in Article 9 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4 under the heading “Commodities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Commodities means positions in Commodity Contracts, forward contracts, foreign exchange positions and traded physical commodities, as well as cash commodities resulting from any of the foregoing positions.

  • Commodity Futures Trading Commission means the independent regulatory agency established by congress to administer the Commodity Exchange Act.

  • Commodity customer means a person for which a commodity intermediary carries a commodity contract on its books.

  • Commodity Price Protection Agreement means, in respect of a Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement designed to protect such Person against fluctuations in commodity prices.

  • Securities Accounts (i) shall mean all “securities accounts” as defined in Article 8 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4(A) under the heading “Securities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • commodity derivatives means commodity derivatives as defined in Article 2(1)(30) of Regulation (EU) No 600/2014;

  • Commodity intermediary means a person that:

  • Controlled Securities Account means each securities account (including all financial assets held therein and all certificates and instruments, if any, representing or evidencing such financial assets) that is the subject of an effective Control Agreement.

  • Credit Risk Management Fee The amount payable to the Credit Risk Manager on each Distribution Date as compensation for all services rendered by it in the exercise and performance of any and all powers and duties of the Credit Risk Manager under the Credit Risk Management Agreements, which amount shall equal one twelfth of the product of (i) the Credit Risk Management Fee Rate multiplied by (ii) the Stated Principal Balance of the Mortgage Loans and any related REO Properties as of the first day of the related Due Period.

  • Commodity Account Control Agreement means a control agreement in a form that is reasonably satisfactory to the Administrative Agent establishing the Administrative Agent’s Control with respect to any Commodity Account.

  • Commodity Hedging Agreements means, in respect of a Person, any commodity purchase contract, commodity futures or forward contract, commodities option contract or other similar contract (including commodities derivative agreements or arrangements), to which such Person is a party or a beneficiary.

  • Credit Risk Manager Fee The fee payable to the Credit Risk Manager on each Distribution Date for its services as Credit Risk Manager, in an amount equal to one-twelfth of the Credit Risk Manager Fee Rate multiplied by the Stated Principal Balance of the Mortgage Loans immediately prior to such Distribution Date. Credit Risk Manager Fee Rate: 0.0165% per annum.

  • Commodity Hedging Agreement means any agreement for the making or taking of delivery of any commodity, any commodity swap agreement, floor, cap or collar agreement or commodity future or option or other similar agreement or arrangement, or any combination thereof, entered into by the applicable Person, primarily for the purpose of mitigating or eliminating exposure to fluctuations in commodity prices.

  • Securities Entitlement means the rights and property interests of an Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of Article 8 of the Uniform Commercial Code of the State of New York, as the same may be amended from time to time.

  • Financial Futures Contract means the firm commitment to buy or sell fixed income securities including, without limitation, U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, domestic bank certificates of deposit, and Eurodollar certificates of deposit, during a specified month at an agreed upon price.

  • Foreign market vehicle means any motor vehicle originally manufactured outside the United States,

  • Commodity Exchange Act means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute.