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Understanding Wakalah

Wakalah is an agency contract where a principal (Muwakkil) appoints an agent (Wakil) to perform a task. In finance, it's often used for investment management.

Wakalah Agreement

An agency agreement for services.

Contract Currency

Task/Mandate for the Agent

Principal (Muwakkil)

Principal's Wallet

Agent (Wakil)

Agent's Wallet

Agency Fee (if any) (...)

Fee Payment Frequency

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