UAE Civil Transactions Law

Article 669

Book Two: Nominate Contracts · Section One: Contracts of Transfer of Ownership · Chapter Six: Mudaraba Contract · Part Three: Expiration of the Mudaraba Contract

1. The mudarib is obligated, upon the termination of the Mudaraba contract, to return to the capital provider’s share of the Mudaraba funds. 2. If the mudarib delays the return without an acceptable justification and the capital decreases, they shall bear the loss; and if profit is realized, the capital provider shall be entitled to compensation equivalent to the capital would have earned until its return.

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