Mudaraba Capital definition

Mudaraba Capital has the meaning given to it in Condition 5 (The Trust);
Mudaraba Capital means the amount specified as such in the Applicable Final Terms, being equal to an amount which is not less than 67 per cent. of the Aggregate Nominal Amount of the relevant Series of Sukuk;
Mudaraba Capital has the meaning given to it in Condition 5 (The Trust); Mudaraba End Date means (i) the date on which the Certificates are redeemed in whole but not in part in accordance with these Conditions, following the liquidation of the Mudaraba in accordance with the terms of the Mudaraba Agreement or (ii) (if earlier), in the case of a Write-down in whole only, the Non- Viability Event Write-down Date;

Examples of Mudaraba Capital in a sentence

  • The Rab- al-Maal and the Mudareb acknowledge that the Rab-al-Maal has no obligation to monitor the Mudaraba or any investment by the Mudareb of the Mudaraba Capital.

  • The objective of the Mudaraba is to invest the Mudaraba Capital on an unrestricted co- mingling basis by the Mudareb in the Business Portfolio carried out through the General Mudaraba Pool and to earn profit thereon in accordance with the Investment Plan.

  • Pursuant to Clause 2.4 (Status), any Mudaraba Capital, Rab-al-Maal Final Mudaraba Profit, Indemnity Payment and any other Relevant Obligations in respect of the Mudaraba will not be payable if the Solvency Conditions are not satisfied.


More Definitions of Mudaraba Capital

Mudaraba Capital means the capital amount contributed to the Mudaraba by the Rab-al- Maal, which shall be an amount equal to U.S.$1,250,000,000 on the date of this Agreement and which may be subject to change after the date of this Agreement in accordance with the terms of Clause 7.3(g) (Purchase);

Related to Mudaraba Capital

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