Mudaraba Accounts definition

Mudaraba Accounts means subject to Clause 16.1(a), the Investment Deposit Account and the Savings Account, and any other accounts opened on Mudarabah bases.

Mudaraba Accounts means, subject to clause 19, all Accounts based on an Unrestricted Mudaraba, including the Islamic Savings Account, Islamic Call Investment Account and Islamic Term Investment Deposit, including their variant products.

Mudaraba Accounts means, subject to Clause 16.1(a), the Investment Account and the Savings Account, including their variant products.

Examples of Mudaraba Accounts in a sentence

• The participation of amounts in the Mudaraba Accounts in the profit shall start from the Business Day in which the funds are deposited in the Mudaraba Account, unless indicated otherwise in these Terms and Conditions.

• Accounts and Deposits (excluding the Islamic Current Account) which satisfy the minimum opening balance requirement as prescribed by the Bank from time to time with the approval of the Xxxxx’a Board shall qualify and be treated as Mudaraba Accounts.

• The Customer may, subject to sufficient balance and the terms of each Account, be permitted to withdraw any amount, at the Bank, through the Debit Card, through written instructions or by counter- cheques (as applicable), from the Mudaraba Accounts provided the number of withdrawals does not exceed the number of times limited by the Bank, unless indicated otherwise in these Terms and Conditions.

• The Customer may, subject to sufficient balance and the terms of each Account, be permitted to withdraw any amount, at the Bank, through the Debit Card, through written instructions or by counter-cheques (as applicable), from the Mudaraba Accounts provided the number of withdrawals does not exceed the number of times limited by the Bank, unless indicated otherwise in these Terms and Conditions.

• Accounts and Deposits (excluding the Current Account) which satisfy the minimum opening balance requirement as prescribed by the Bank from time to time with the approval of the Sharia Board shall qualify and be treated as Mudaraba Accounts.

More Definitions of Mudaraba Accounts

Mudaraba Accounts means, subject to clause 19, all accounts based on an unrestricted mudaraba, including the savings account, draw Based savings account, call account, advantage/raKselect account and term investment deposit, including their variant products.

Mudaraba Accounts means, all Accounts based on an Unrestricted Mudaraba, including the Savings Account,

Mudaraba Accounts means, in relation to a Restricted Mudaraba Contract and in respect of each Mudaraba Income Distribution Period relating to such Restricted Mudaraba Contract, the statement of account prepared by the Mudarib in respect of the Mudaraba Assets for each Series;

Mudaraba Accounts means, subject to clause12, all Accounts based on an دنتس�ت يتلا تاباس�لحا ةفاك ،16 .ةقاطبلا لماح لبق دنبلا ةاعارم عم ،اهب دس�قي »ةبراس�لما تاباس�ح«

Mudaraba Accounts means, in respect of each Mudaraba Profit Distribution Period, the accounts of the Mudaraba prepared by (or on behalf of) the Mudareb;

Mudaraba Accounts means the Investment Deposit Account and the Savings Account, and any other accounts opened on Mudaraba basis.

Mudaraba Accounts means, subject to clause 3 of Section (C) below, all Accounts based on an Unrestricted Mudaraba, including the Savings Account, Draw Based Savings Account, Call Account, Advantage/ RAKSelect Account and Term Investment Deposit, including their variant products.