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modaraba
Language
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English
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Etymology
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Borrowed from
Arabic
مُضَارَبَة
(
muḍāraba
,
“
venture
”
)
.
Noun
edit
modaraba
(
plural
modarabas
)
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.