Gulf Elite Chemicals

Mudarabah Profit-Sharing Dashboard

Islamic Finance Partnership · CRPO 28 & 29 Jafurah
STABILIZE · CONTROL · BUILD

SandLOCK Polymer — Berm Stabilization in Action

First days of work — CRPO 28 & 29 Jafurah Maintain Potential Gas Wells, Saudi Aramco · executed by Gulf Elite Chemicals for L&T Hydrocarbon Saudi Co.

ISO 9001 / 14001 / 45001 Made in KSA 10 M m² Treated Track Record
🔒Investor read-only view — figures populated by Gulf Elite Chemicals based on actual monthly costs and certified invoices.

Project Reference Documents

Click to download
PDF
Purchase Order — L&T Hydrocarbon Saudi Co.
PO No. LTHS-CRPO/74000-78985/SDD · 01.03.2026 · SAR 2,630,070
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PDF
Gulf Elite Techno-Commercial Proposal
Doc# QSL-260208V01 · 23.02.2026 · SandLOCK Polymer Berm Stabilization
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DN
First Delivery Note — SandLOCK Polymer
DN# DN26042301 · 23.04.2026 · 22,000 L · Batch SL260401 · Tamany Region
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Contract & Project Reference Summary
Contract Value (excl. VAT)
SAR 2,287,017
Profit-sharing base
Investor Capital (Rab al-Mal)
SAR 900,000
39.4% of contract
Total Invoiced YTD
SAR 0
0.0% of contract
Total Actual Costs YTD
SAR 99,000
—
Net Profit (YTD)
SAR -99,000
—
Investor Share (YTD)
SAR -24,750
-2.8% ROI
Gulf Elite Share (YTD)
SAR -74,250
—
Project Progress
0.0%

1. Mudarabah Partnership Terms

Sharia-compliant profit-sharing structure

Contract Reference

Locked from PO LTHS-CRPO/74000-78985

Investor Capital

Rab al-Mal contribution (working capital)

Profit Split (Mudarabah)

Net profit allocation between partners
Investor 25%
Gulf Elite 75%
Sharia Note: Profit is shared by ratio. Loss (if any) is borne by the capital provider (Investor) up to the capital amount, while the Mudarib (Gulf Elite) bears the loss of effort.

2. Cost Structure (Budget & Categories)

Editable — add or remove rows as needed
Define the planned budget per category. Each row's % auto-calculates the SAR budget from contract value (excl. VAT). Monthly actuals are entered in Section 3.
# Cost Category Budget % of Contract Budget Amount (SAR) Actual YTD (SAR) Variance (SAR) % Used Action
1 SAR 800,456 SAR 99,000 SAR 701,456 12.4%
2 SAR 274,442 SAR 0 SAR 274,442 0%
3 SAR 182,961 SAR 0 SAR 182,961 0%
4 SAR 160,091 SAR 0 SAR 160,091 0%
5 SAR 91,481 SAR 0 SAR 91,481 0%
6 SAR 137,221 SAR 0 SAR 137,221 0%
7 SAR 68,611 SAR 0 SAR 68,611 0%
8 SAR 34,305 SAR 0 SAR 34,305 0%
9 SAR 57,175 SAR 0 SAR 57,175 0%
10 SAR 68,611 SAR 0 SAR 68,611 0%
TOTAL 82% SAR 1,875,354 SAR 99,000 SAR 1,776,354 5.3%

3. Delivery Notes Log (SandLOCK Polymer)

Audit trail for material consumption
Log each delivery note here. The total litres delivered in a month will automatically calculate the Polymer COGs for that month based on the per-litre cost.
Date DN # Batch # Quantity (L) Location Action

4. Monthly Actuals — Costs & Invoicing

Reporting period: May → October 2026
At month-end, Gulf Elite enters: (a) actual cost per category, and (b) the certified invoice value (excl. VAT). The system computes monthly profit and partner shares automatically.
Cost Category Actual (SAR) Monthly Budget % Used
Polymer COGs (SandLOCK Raw Material) Auto-DN SAR 160,091 61.8%
Manpower (Sprayers, Supervisors, HSE) SAR 54,888 0%
Logistics & Transport (DDP to Jafurah) SAR 36,592 0%
Equipment Rental (Tankers, Spray Rigs) SAR 32,018 0%
Consumables (Water, Hoses, PPE) SAR 18,296 0%
G&A Overhead Allocation SAR 27,444 0%
Site Mobilization / Camp SAR 13,722 0%
Insurance & Bonds SAR 6,861 0%
Zakat / Tax Provision (excl. VAT) SAR 11,435 0%
Contingency Reserve SAR 13,722 0%

Cumulative Monthly Summary

Month Qty Applied (LM) Invoiced (excl. VAT) Total Cost Net Profit Margin % Investor Share Gulf Elite Share
May 2026 0 SAR 0 SAR 99,000 SAR -99,000 0% SAR -24,750 SAR -74,250
Jun 2026 0 SAR 0 SAR 0 SAR 0 0% SAR 0 SAR 0
Jul 2026 0 SAR 0 SAR 0 SAR 0 0% SAR 0 SAR 0
Aug 2026 0 SAR 0 SAR 0 SAR 0 0% SAR 0 SAR 0
Sep 2026 0 SAR 0 SAR 0 SAR 0 0% SAR 0 SAR 0
Oct 2026 0 SAR 0 SAR 0 SAR 0 0% SAR 0 SAR 0
TOTAL 0 SAR 0 SAR 99,000 SAR -99,000 0% SAR -24,750 SAR -74,250

4. Investor Returns Summary

Capital recovery & profit distribution

Investor Position

Capital DeployedSAR 900,000
Profit Earned (YTD)SAR -24,750
Total Return to Investor (YTD)SAR 875,250
ROI on Capital (YTD)-2.8%
Annualized ROI (projected)-33%
Projected Final Profit (full project)SAR -24,750

Gulf Elite Chemicals Position

Profit Earned (YTD)SAR -74,250
Operational Margin (YTD)—
Projected Final Profit (full project)SAR -74,250
Cost-to-Revenue Ratio—
Quantity Applied / Total0 / 553,656 LM
StatusPending Start

Acknowledgement

Both parties acknowledge the figures presented for the reporting period and confirm the Mudarabah profit-share calculation.
Gulf Elite Chemicals (Mudarib)
Dr. Hamada Ghaith — Business Development Manager
[email protected] · +966 56 819 7777
Investor (Rab al-Mal)
Name: ____________________________
Date: ____________________________