Investment Deposit definition

Investment Deposit means the funds invested in the Investment Deposit Account.
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Investment Deposit means a deposit held at call or otherwise as an investment under section 51 of the Act;
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Investment Deposit means a deposit for a fixed or unlimited term (whether a Savings Account, Special Savings Account/Call Investment Account or a Term Investment Deposit) in which the Account Holder (being the Rabb Al Mal) authorises the Bank (as the mudarib or investment manager) to invest the deposit on the basis of an unrestricted (discretionary) Mudaraba contract in accordance with the principles of the Shari’ah.
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Examples of Investment Deposit in a sentence

  • For Premium customers, the management of the Raiffeisen Long-term Investment Deposit Account and paper based current account statement is free of charge.

  • The terms and conditions applicable to deposits that can be fixed on the Raiffeisen Long-term Investment Deposit Account are set out in the effective Raiffeisen Long-term Investment Deposit Account Terms and Conditions.

  • For the purposes of this Rule and Rule 2.11.2, a “financial product” is an Investment, Deposit, Profit Sharing Investment Account or rights under a contract of Long-Term Insurance, that is not a contract of reinsurance.

  • 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.

  • The Bank is not bound to accept the closure, of the Investment Deposit Account liquidation and withdrawal of the deposit request from the Customer before the expiry of the Investment Period.

  • The minimum limit for accepting the opening of Investment Deposit Account in AED or other currencies shall be determined by the Bank from time to time.

  • Funds of the Special Investment Deposit Account shall be invested according to unrestricted Mudaraba basis in the joint investing pool between the depositors and the shareholders.

  • The investment period in Special Investment Deposit Accounts is one calendar quarter (Three Gregorian months).

  • Profits of Special investment Deposit Account shall be credited to the same Account within forty five days of the following quarter, unless the Customer has requested otherwise, and the Customer authorises the Bank to invest the realised profits since the credit date with the same investment terms and conditions of Special Investment Deposit Accounts.

  • Drawings from Special Investment Deposit Account shall be made through Cheques issued by the Bank, written instructions or ATM Card.


More Definitions of Investment Deposit

Investment Deposit means time deposits, sav-
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Investment Deposit means an amount accepted as an investment by a society and which is repayable after a period of notice;
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Investment Deposit means a deposit held at call or otherwise as an investment under section 51 of the Act; “special deposit” means a deposit held other than at call
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Investment Deposit the amount of RMB5 million;
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Investment Deposit means the initial after-tax investment required by each Participant electing to participate in the entire POA program as provided the Participant’s Employment Contract.
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Related to Investment Deposit

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.

  • Investment pool means an entity created under the Texas Gov- ernment Code to invest public funds jointly on behalf of the entities that participate in the pool and whose investment objectives in or- der of priority are preservation and safety of principal, liquidity, and yield.