How Dividends/Redemption (Profits) is credited to share holder?

Question

How Dividends/Redemption (Profits) is credited to share holder?

April 26, 2017credited dividends profits redemption share

1 Answer

Can Islamic bank pay any kind of dividend to their depositors out of their profits, even the deposit holders do not have share holding in Islamic banks?
Can income received from my overseas assets in the form of dividends etc, or sale of proceeds of such assets be credited to RFC Savings Account?
How Dividends/Redemption (Profits) is credited to share holder?

score 0 · Answer 1 · 2009-12-17T12:19:26+00:00

Applicant should compulsory provide the name of the bank, branch address, account type and account number is whose favor redemption or income distribution cheque is to be drawn, along with the share holder application. In the absence of such information, redemption request will not be processed.

How Dividends/Redemption (Profits) is credited to share holder?

1 Answer

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