Civil Transactions Law
Art. 551Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. A debt owed by a mudaraba agent to a capital owner may serve as a
mudaraba capital.
2. If the mudaraba capital provided by the capital owner is in a form other than
cash, its value shall be assessed at the time of concluding the contract or in
accordance with valid assessment criteria agreed upon by the contracting
parties.
Subsection 2: Effects of Mudaraba Contract
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded