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Financial vs Modaraba - What's the difference?

financial | modaraba |

As an adjective financial

is related to finances.

As a noun modaraba is

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.

financial

English

Adjective

(-)
  • Related to finances.
  • *{{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=70, magazine=(The Economist)
    • , title= Engineers of a different kind , passage=Private-equity nabobs bristle at being dubbed mere financiers.
  • Having dues and fees paid up to date for a club or society.

    • Usage notes

    Not to be confused with (fiscal), which means more narrowly “pertaining to a treasury, particularly to government spending and revenue”, rather than to money generally.

    Derived terms

    * financial market * financial year * financial regulation

    Related terms

    * finances * financier

    See also

    * fiscal

    modaraba

    English

    Noun

    (en 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.