Current Account. (a) Definition: It is an interest - free call deposit account (Qard Hassan), that is governed by the rules applied to loans with respect to guarantee to repay an equal amount on demand. it does not participate in investment profit nor bear risks.
Appears in 3 contracts
Samples: Banking Services Agreement, Banking Services Agreement, Banking Services Agreement
Current Account. (a) Definitiona. Definition: It is an interest - free call deposit account (Qard HassanXxxx Xxxxxx), that is governed by the rules applied to loans financing with respect to guarantee to repay an equal amount on demand. it It does not participate in investment profit profit nor bear risks.
Appears in 1 contract
Samples: Banking Services Agreement
Current Account. (a) DefinitionDefinition: It is an interest - free call deposit account (Qard HassanXxxx Xxxxxx), that is governed by the rules applied to loans with respect to guarantee to repay an equal amount on demand. it does not participate in investment profit profit nor bear risks.
Appears in 1 contract
Samples: Banking Services Agreement
Current Account. (a) Definitiona. Definition: It is an interest - free call deposit account (Qard Hassan), that is governed by the rules applied to loans financing with respect to guarantee to repay an equal amount on demand. it It does not participate in investment profit profit nor bear risks.
Appears in 1 contract
Samples: Banking Services Agreement
