Mudarabah al muttaqah (unrestricted mudarabah)

Definition of "Mudarabah al muttaqah (unrestricted mudarabah)"

Mudarabah al muttaqah, also known as unrestricted mudarabah, is where rabb-ul-mal provides full authority for the mudarib to undertake whatever business he wishes. The mudarib shall be authorised to invest the money in any business he deems fit.