Profit Payment Date means the date on which the Bank pays the Mudarabah Account holder’s share of the realized and distributed Profits which shall be determined as per the rules applied by the Bank and agreed upon with the Mudarabah Accounts holders.
Profit Payment Date means the date on which Profit in respect of a Transaction is to be paid, provided that such date falls on or before the relevant Deferred Payment Date for that Transaction. .
Profit Payment Date means the date on which the Bank pays the Customer’s share of the profit amount, which shall fall no later than fifteen
Examples of Profit Payment Date in a sentence
We will notify you if, based on the performance of the investments, we expect the Profit due on any future Profit Payment Date to be lower than the Expected Profit previously notified to you.
More Definitions of Profit Payment Date
Profit Payment Date means the date on which Profit is payable and the last Profit Payment Date shall be on the Redemption Date of that Sukuk and shall fall on a Business Day;
Profit Payment Date means the date on which a Monthly Murabaha Profit is payable as described in the Offer, with the first Profit Payment Date to occur on the date occurring one month after the Utilisation Date and thereafter on the corresponding day of each month thereafter (provided that if there is no corresponding day, such day will be on the last day of that calendar month) with the final Profit Payment Date falling on the Deferred Payment Date.
Profit Payment Date means, in relation to each tranche of the Sukuk Murabahah, the
Profit Payment Date means the date on which the Bank pays the Mudaraba Account share of the realised and distributed profits which shall be determined as per the rules applied by the Bank and agreed upon with the Mudaraba Account.
Profit Payment Date means the date on which the Bank pays the Customer’s share of the profit amount, which shall fall no later than fifteen (15) days after the end of the relevant Profit Calculation Period;
Profit Payment Date means each date specified as such in the Confirmation.
Profit Payment Date means each Thursday of every week or where that day is not a Business Day the immediately succeeding Business Day or such other dates as may be determined by BEALF from time to time and notified to the Participant;