Common use of Profit Distribution Clause in Contracts

Profit Distribution. The net profits of the joint investment pool shall be distributed amongst shareholders and depositors according to their respective weightages in the invested funds. The Bank, as (Mudarib), shall be entitled to {90%} of the realized net profit of the depositors.

Appears in 2 contracts

Samples: Banking Services Agreement, Banking Services Agreement

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Profit Distribution. The net profits of the joint investment pool shall be distributed amongst shareholders and depositors according to their respective weightages in the invested funds. The Bank, as (Mudarib), shall be entitled to {90%} a percentage of the realized net profit of the depositorsdepositors as notified and displayed at the Bank’s branches.

Appears in 1 contract

Samples: Banking Services Agreement

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Profit Distribution. The net profits profits of the joint investment pool shall be distributed amongst shareholders and depositors according to their respective weightages in the invested funds. The Bank, as (Mudarib), shall be entitled to {90%} of the realized net profit profit of the depositors.

Appears in 1 contract

Samples: Banking Services Agreement

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