Risk Fund definition

Risk Fund means a pool of fund based on the concept of Tabarru’ providing mutual protection and indemnity among the Takaful Participants.
Risk Fund means a pool of fund based on the concept of Tabarru' providing mutual protection and indemnity among the Takaful
Risk Fund means a pool of funds for the purposes of mutual assistance, solidarity, brotherhood and for the mutual benefits of all Participants. 100% of gross contribution paid by the Participant, net of Wakalah Fees shall be allocated todeemed to have occurred upon any claim payment made in respect of fellow Participants and incurrence of reserves, Retakaful cost as well as other costs as approved by the Shariah committee of the Operator with the remaining balance to be managed according to the terms and conditions ofthis Takaful Certificate.

Examples of Risk Fund in a sentence

  • In case of any discrepancy between the Application Form and the Auto Debit Facility Form, the SIP details provided in the latter will be considered for investment.The Mutual Fund currently has 1 (one) Segregated Portfolio which was created under PGIM India Credit Risk Fund.

  • The Main portfolio of PGIM India Credit Risk Fund was merged with PGIM India Low Duration Fund w.e.f. January 22, 2022.

  • Issuer Risk: Fund performance depends on the performance of individual companies in which the Fund invests.

  • PASS Submission (continued) Fund Designation AIPs may designate eligible crop insurance contracts with an accepted Type 9 record to the Assigned Risk Fund by the fund designation cutoff date.

  • Ziemba moved with a second from Finney to authorize the Village President to sign and return the Amended Pooling Agreement.to the Illinois Public Risk Fund.

  • The transfer of $55,000 from the Risk Fund to the General Fund for a training management system is approved.

  • Consideration of Resolution authorizing the Village the Village Administrator to execute the renewal of contract by and between the Village of Matteson, Illinois Counties Risk Management Trust and the Illinois Public Risk Fund for General Liability and Workers Compensation coverages for plan years 12/01/16 through 12/31/17, as presented.

  • Access to low-cost health loans and savings by SHG members are two components of Health Risk Fund intervention.

  • The Fit/Gap analysis phase of the upgrade project identified opportunities for improvement to the eCAPS system, including reducing customizations, resolving current issues, and additional implementation of the self-service functions within the PeopleSoft ePerformance, eProfile and Enterprise Learning modules The Enterprise Learning module will benefit all City operations and is being funded by the City’s Risk Fund.

  • AIPs may remove previously assigned Assigned Risk Fund designations on eligible crop insurance contracts by the fund cutoff date, as shown in Exhibit 101-1 Fund Cutoff and LRR Dates.

Related to Risk Fund

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Fund of Funds means a registered investment company or series of a Fund which is managed and administered by Service Company and which invests substantially all of its assets in shares of two or more Funds (or series thereof).

  • Public fund means the state treasurer or a retirement system.

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • Money market mutual fund means an open-end managed investment fund:

  • Mutual Fund or “Fund” or “UTIMF” means UTI Mutual Fund, a Trust under the Indian Trust Act, 1882 registered with SEBI under registration number MF/048/03/01 dated January 14, 2003.

  • Trust Account means the trust account established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO, together with a certain amount of the proceeds of a private placement of warrants simultaneously with the closing date of the IPO, will be deposited.

  • Money Market Fund means a mutual fund that invests its assets in accordance with section 2.18;

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Trust Fund The trust fund established by the Trust Agreement, the assets of which consist of the Mortgage Loans and any other assets as set forth therein. Trustee: U.S. Bank National Association, or any successor in interest, or if any successor trustee or co-trustee shall be appointed as provided in the Trust Agreement, then such successor trustee or such co-trustee, as the case may be.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • General Fund means the Fund so designated and established by Article V hereof.

  • BIF The Bank Insurance Fund, or any successor thereto.

  • Mutual Funds means (i) all open-end mutual funds; and (ii) similar pooled investment vehicles established in non-U.S. jurisdictions, such as registered investment trusts in Japan. For purposes of the Code, Mutual Fund does not include shares of open-end money market mutual funds (unless otherwise advised by Compliance).

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.