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Musharaka

Musharaka

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Published by sjawaidiqbal
A brief presentation on Musharaka Islamic Banking concept
A brief presentation on Musharaka Islamic Banking concept

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Categories:Business/Law, Finance
Published by: sjawaidiqbal on Jul 31, 2009
Copyright:Traditional Copyright: All rights reserved

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08/18/2011

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By: Jawaid Iqbal
Rajab 11, 1429 Tuesday 15 July, 2008
Al-Sadiq (A.S) Institute of Islamic Banking, Finance
&
Takaful
 
Shirkah
/ (
Shirkat)
means “Sharing” in the
terminology of Islamic Fiqh.
Technically: Commingling by two or morepersons either their money or work orobligations to earn a profit or a benefit or ayield or appreciation in value and to share theloss if any according to their proportionateownership.
 
Basic Features
Mixing of Capital
Use of Capital in Enterprises
Rights and Responsibilities
Sharing

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