House of Wealth

Legal Review & Compliance

Review the drafted smart contract terms for accuracy. Confirm compliance with Shariah principles and regulatory standards before proceeding to finalization.

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description Draft Contract Document

contract_id: #HW-2023-8842 hash: 0x7f...3a2b status: DRAFT

Mudarabah Investment Agreement

Generated on October 24, 2023

1. Definitions and Interpretation

This Mudarabah Agreement ("Agreement") is made this day between House of Wealth Capital ("Rabb-ul-Maal") and Green Sukuk Ventures Ltd. ("Mudarib"). The parties agree to enter into a partnership where capital is provided by the Rabb-ul-Maal and expertise and management is provided by the Mudarib.

Key Clause

2. Profit Sharing Mechanism

The Net Profit generated from the venture shall be distributed between the parties in accordance with the following pre-agreed ratio:

  • Rabb-ul-Maal (Investor): 60% of Net Profits.
  • Mudarib (Manager): 40% of Net Profits.

* This ratio is fixed for the duration of the contract term unless amended by mutual written consent.

Risk Clause

3. Risk Allocation & Loss Bearing

In the event of a financial loss (Khusarah), the loss shall be borne solely by the Rabb-ul-Maal (Capital Provider), limited to the extent of the capital contribution, provided that such loss is not due to the Mudarib's negligence, misconduct, or breach of contract.

4. Term and Exit Strategy

The term of this investment is 5 Years (60 Months) from the date of deployment. Exit options include secondary market liquidation via the HoW Exchange or maturity redemption.

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Shariah Compliant

Verified by D-8 SSB

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Seal

This contract structure adheres to AAOIFI Shariah standards for Mudarabah partnerships.

Key Compliance Parameters

Structure Mudarabah (Tier 1)
Asset Backing Real Estate Sukuk
Profit Ratio 60:40 (Approved)

gavel Regulatory Check

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Malaysia SC

Framework Compliant

pending

DIFC (Dubai)

Cross-border check pending