Terms & Conditions
The general terms, rules, and conditions for participating on the Etemad Melal platform — from the nature of the contract to the market development plan.
The Etemad Melal platform (Etemad Melal Creative Trust Diba) is a software and management infrastructure for connecting small-scale resources with industrial and commercial projects. All financial and economic activity is concluded within the framework of a civil partnership contract combined with agency, in accordance with Articles 10, 571, and 656 of the Civil Code of the Islamic Republic of Iran.
Under Articles 6, 7, and 12 of Iran's Electronic Commerce Law and Article 10 of the Civil Code, the parties agree that confirming these terms and the specific contract in the user panel constitutes the participant's signature and has the same legal effect as signing a written document.
Amounts paid to participants as profit are "on-account" payments arising from the projects' actual operating cash flow, and the final return is settled at the end of the period based on the projects' financial statements, cost price, and periodic performance. In line with religious principles and the rules governing partnership contracts, no guaranteed fixed profit is allocated without reliance on actual operations.
Guided by the principle of respecting participants' rights, interests, and well-being, the platform's management is obliged to take all necessary measures — including diversifying across projects and using hedging tools (such as official insurance policies supervised by Iran's Central Insurance Authority) — to minimize commercial risk and preserve the value of participants' contributions.
Any reward under the market development plan is a ju'alah (reward-for-service, Article 561 of the Civil Code) and a fee for referral and business development services, funded solely from the company's approved internal budget and its share of the projects' added value.
Questions about these terms?
Many legal and financial questions are answered in the FAQ — otherwise, get in touch with us.