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6..Riba Free Financial Product Modaraba Part 1

6..Riba Free Financial Product Modaraba Part 1

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Published by Daniyal

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Categories:Types, School Work
Published by: Daniyal on Feb 07, 2009
Copyright:Attribution Non-commercial

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05/10/2014

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ISLAMIC FINANCIALISLAMIC FINANCIALSYSTEMSYSTEM
 
Riba Free ModeRiba Free Modeof of FinancingFinancing
 
 
Part 1Part 1MODARABA MODARABA 
 
 Modaraba Modaraba
 
CommendaCommenda
 
Qarad Qarad 
 
Three distinct conceptsThree distinct conceptsappropriateappropriateForForRiba Free EconomicRiba Free Economic
 
 
MODARABAMODARABA
Three names with an ancient background of Three names with an ancient background of transactions used for economic activities classified astransactions used for economic activities classified as business activities under a contract of  business activities under a contract of 
Money and Ability Money and Ability 
The owner of money, the financier is calledThe owner of money, the financier is called
 
 Rab-Al-Maal  Rab-Al-Maal 
 
The worker is calledThe worker is called
 
ModaribModarib

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