Civil Transactions Law
Art. 563Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. A mudaraba agent shall, upon the termination of the mudaraba contract,
bring the activities he commenced to a state where the mudaraba capital or
profits are not at risk of damage or loss.
2. The mudaraba agent may not, after the termination of the mudaraba
contract, dispose of the mudaraba capital. If the capital is in a form other than
cash, the agent shall liquidate such capital, unless the agreement or the
nature of the dealing between the parties requires otherwise.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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