Common Contracts

Contract

Service Agreement • February 22nd, 2018

• Contract Type
  Service Agreement
• Filed
  February 22nd, 2018

Trading Service Agreement – KFH Trade (General Terms and Conditions)1. BASIC DEFINITIONS State: Any country to which the Company provides its services to the client. Authority: Capital Markets Authority in Kuwait and in some countries means the supervising authority which regulates and issues licenses to the financial markets and brokers in the state. Client or Investor: Any natural or legal person who applies and is approved by the Company to open an online trading account.  Securities: Any instrument, of whatever legal form, that proves a stock in a tradable financing process authorized by the Authority, in accordance with the teachings of Islamic Shariah as approved by the Shariah Supervisory Board.  Portfolio: The client's open account at the Company for trading via the website (kfhtrade.com) and includes cash, securities group and any other assets owned by the client and acceptable to the Company are deposited on initiating the contract, the client trades on them through the