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modaraba

The English word “modaraba” has 1 meaning listed here.

noun

  1. 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.

Etymology

Borrowed from Arabic مُضَارَبَة (muḍāraba, “venture”).

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