Source: http://www.scribd.com/doc/11796317/7-Modaraba-Part-2
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P. 17..Modaraba Part 27..Modaraba Part 2Ratings: 5.0 (1)|Views: 1,113|Likes: 2Published by DaniyalMore info:Categories:Types, School WorkPublished by: Daniyal on Feb 07, 2009Copyright:Attribution Non-commercialAvailability:Read on Scribd mobile: iPhone, iPad and Android.download as PPT or read online from ScribdFlag for inappropriate content|Add to collectionSee moreSee lesshttps://www.scribd.com/doc/11796317/7-Modaraba-Part-205/10/2014original IslamicIslamicFinancialFinancialSystemSystemFinancialFinancialProductsProducts
PART 2PART 2“MODARABA”“MODARABA” RESTRICTIONS RESTRICTIONS AND AND PERMISSIONS PERMISSIONS Liability be a capital of Liability be a capital of ModarabaModaraba
or Capital only beor Capital only becash?cash?
cannot be thecannot be thecapital.capital.
on capital is noton capital is notguaranteed.guaranteed.
The capitalThe capital
of of ModarabaModaraba
should be deposited in cashshould be deposited in cashwith thewith the
ModaribModarib
in full trustin full trustand confidenceand confidence
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