Civil Transactions Law
Art. 560Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. A contracting party shall be entitled to his share of the profit upon termination
of the mudaraba contract, unless the parties agree to assess the mudaraba
and distribute the amounts due to each contracting party on specific dates
during the mudaraba. Any amounts distributed during the mudaraba shall be
deemed profits.
2. A contracting party may not obtain his share of the profit prior to the due date
without the consent of the other party.
Civil Transactions Law
Subsection 3: Termination of Mudaraba Contract
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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