Wakalah Fee definition

Wakalah Fee means the charge that the Participant pays to the Operator for the services rendered.

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Wakalah Fee means a fee payable to Us in return of the services rendered in managing the PRF on Your behalf. The Wakalah Fee will be used to cover the management and distribution-related expenses;

Wakalah Fee means a fee to be paid by Muwakkil to Wakeel for service rendered hereunder, as agreed between the parties on a case by case basis in the Offer and Acceptance.

Examples of Wakalah Fee in a sentence

• We will manage Your takaful contributions by charging a Wakalah Fee as approved by the regulatory authorities under the principle of Wakalah, and subsequently continue to be placed into Takaful fund through General Risk Investment Account (GRIA).

• Accordingly, I/ We agree to pay the Wakalah Fee (as shown in the Product Disclosure Sheet) to Etiqa General ▇▇▇▇▇▇▇, as a deduction from contributions, to cover the expenses of investing and managing the Fund.

• We will manage the participant’s Takaful contributions by charging a gross Wakalah Fee as approved by the regulatory authorities under the principle of Wakalah, and subsequently continue to be placed into the Takaful fund through General Risk Investment Account (GRIA).

• As consideration for the appointment of the Wakil, the Principal shall pay the Wakalah Fee ….

• The Company will charge up to 60% of the Takaful Contribution as an upfront Wakalah Fee and the balance shall be allocated into the Risk Fund at inception for Tabarru’ charges and be used to help other Takaful Participants in time of misfortune.

• Takaful Contribution, after deducting Wakalah Fee will be credited to the General Takaful Fund (hereinafter referred to as "GTF") under the principle of Tabarru’.

• Hosting Fee Service Fee (Wakalah Fee) 3% or RM2,000, whichever higher Fees charged by the Platform to issuers upon disbursement of successful funds raised.

• The Company will charge up to 40% of the Takaful Contribution as an upfront Wakalah Fee and the balance shall be allocated into the Risk Fund at inception for Tabarru’ charges and be used to help other Takaful Participants in time of misfortune.

• The processing of Your personal data is subject to Our Personal Data Protection Notice as published on ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇.▇▇/pdpa We will manage Your takaful contributions by charging a Wakalah Fee as approved by the regulatory authorities under the principle of Wakalah, and subsequently continue to be placed into Takaful fund through General Risk Investment Account (GRIA).

• The Wakalah Fee chargeable under this Certificate is 40% of the Contribution.

More Definitions of Wakalah Fee

Wakalah Fee means a fee to be paid by ▇▇▇▇▇▇▇▇ to Wakeel for service rendered hereunder, as agreed be tween the parties on a case by case basis in the Offer and Acceptance.

Wakalah Fee means the Wakil fee for our service which is waived.

Wakalah Fee means the Management Fee charged by the Management Company from the Fund, for managing its investments on the basis of Wakalah tul Istismar (Investment Agency).

Wakalah Fee means the fee charged by Us as the Takaful Operator for managing the operations of the Takaful business.

Wakalah Fee means a fee in respect of a contract which gives the power to a person to nominate another person to act on his behalf based on agreed terms and conditions.