Is the variable return, which the Islamic bank distributes on a quarterly basis and then settles at the end of the term, permissible?

What was mentioned about the quarterly distribution of profits aligns with the concept of "Hukmi Tanḍīd" (constructive liquidation), which is the accounting liquidation of projects to determine capital and profit. The decision of the Islamic Fiqh Academy emphasizes the permissibility of distributing yields before liquidation, considering what is distributed as installments on account. This return is permissible provided that the agreed-upon profit percentage is specified. It is not permissible for a person to be presented with two options (higher profit upon completing the term or lower profit upon early withdrawal) because it involves a semblance of "two sales in one sale," which is forbidden by Islamic law. Scholars have explained this as the contract being concluded for one of the two prices (cash or credit), not both.