modaraba

Definitions

noun A form of financial contract in some Muslim countries in which the investor (rab-ul-mal) entrusts money to a financial manager (mudarib) and any profits and losses are shared between them in an agreed manner.

This definition is lacking an etymology or has an incomplete etymology. You can help Wiktionary by giving it a proper etymology.

Help support Wordnik (and make this page ad-free) by adopting the word modaraba.

Sorry, no example sentences found.