PSIA

Definition	:	Profit Sharing Investment Account
Category	:	Business » Banking
Country/Region	:	Worldwide
Popularity	:

What does PSIA mean?

Profit Sharing Investment Account (PSIA) refers to deposit product structured based on mudharabah (profit-sharing) contract, where Investment Account Holders (IAH) or customers act as the provider of fund and the Bank acts as the entrepreneur. The Bank will invest the funds. The profit from the investement will be shared between the Bank and customers based on the pre-agreed profit sharing ratio, while losses shall be borne by the customer.

We have found 9 more results for **PSIA**
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PSIA	Pounds per Square Inch Absolute/Atmosphere	Academic & Science >> Units
PSIA	Physical Security Interoperability Alliance	Associations & Organizations >> Technological Organizations
PSIA	Professional Ski Instructors of America	Associations & Organizations >> Sports & Recreation Organizations
PSIA	Public Security Intelligence Agency	Governmental >> Security & Defence
PSIA	Poverty and Social Impact Analysis	Associations & Organizations >> International Orgaizations
PSIA	Paris School of International Affairs	Academic & Science >> Universities & Institutions
PSIA	Private Schools Interscholastic Association	Associations & Organizations >> Educational Organizations
PSIA	Philippine Software Industry Association	Associations & Organizations >> Technological Organizations
PSIA	Public Safety Information Act, 1997	Governmental >> Law & Legal