Mudarabah Accounts definition

Mudarabah Accounts means subject to Clause 16.1(a), the Investment Deposit Account and the Savings Account, and any other accounts opened on Mudarabah basis.
Sample 1Sample 2Sample 3
Mudarabah Accounts means, in respect of each Mudarabah Profit Distribution Period, the accounts of the Mudarabah prepared by (or on behalf of) the Mudarib;
Sample 1Sample 2

Examples of Mudarabah Accounts in a sentence

  • Listed salmon and steelhead species are found in all units where agricultural pesticide application is a threat to green sturgeon habitat.

  • The Customer is aware that all balance in the Mudarabah Accounts (including the Investment Deposits) are exposed to potential losses arising out of a potential loss and that such losses may even affect the principal amount of the funds deposited by the Customers in the Mudarabah Account.

  • The Customer may make withdrawals from any Mudarabah Accounts in accordance with Clause 3.3 except the Investment Deposit Account the withdrawal of which is subject to specific conditions in accordance with these Terms and Conditions.

  • At all times, the balance of the Profit Equalization Reserves shall remain the right of the Mudarabah Accounts Holders owning the Mudarabah Accounts and the Bank.

  • Upon the allocation of the Profit Equalization Reserves or any part thereof to the Mudarabah Accounts Holders, such allocation shall be made as per Mudarabah Profit allocation principles.

  • The single stream recycling is hand sorted in-house andrigorously processed up to 99% recycled.

  • Mudarabah Accounts: means subject to Clause 17, the Investment Deposit Account and the Savings Account, and any other accounts opened on Mudarabah bases.

  • The Terms and Conditions of the Current Accounts and Mudarabah Accounts shall apply to the Joint Account, and shall be an integral part of these terms and conditions and completing them in a manner that shall not prejudice the terms and conditions of the Joint Account.

  • In cases where the Bank determines to pay to all or some Mudarabah Accounts Holders an amount higher than the profits due to them as per the achieved profits by way of donation of the Bank’s Shareholders profits, such donation shall not obligate the Bank to make such donation in the future whatsoever the times of recurrence and shall in all cases remain optional for the Bank at its absolute discretion.

  • The Mudarabah Accounts Holders shall authorize the Bank to provide exemption from the profits, financing amount in the philanthropies, if necessary, or for commercial purposes including the prizes for premature payment as may determined in all cases by the Fatwa and Shari'ah Supervisory Board.

Related to Mudarabah Accounts

  • Management Accounts means the unaudited management accounts of the Group, including the balance sheet, profit and loss account and cash flow statement for the period from the Balance Sheet Date to, and as at, 30 September 2014 as set out in the Disclosure Documents;

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Collection Accounts As defined in Section 3.10(a).

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Concentration Accounts has the meaning ascribed to it in Annex C.