Fund managers may act as managing partners (مضارب) for subscribers. In that case, management receives an agreed percentage of actual profit.
If the fund earns no profit, the manager does not earn that profit share. As fund profit increases, the manager’s agreed share also increases.
Opening interactive controls...
Equity Funds: Purification and Fund Management
Fund managers may act as managing partners (مضارب) for subscribers. In that case, management receives an agreed percentage of actual profit.
If the fund earns no profit, the manager does not earn that profit share. As fund profit increases, the manager’s agreed share also increases.