Professional Documents
Culture Documents
Diminishing Musharakah
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Musharakah
Musharakah is a form of partnership (Shirkat)
2. Shirkat-ul-Aqd
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Diminishing Musharakah
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Diminishing Musharakah
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Diminishing Musharakah
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Basic Structure
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Joint
BANK Ownership CUSTOMER
Rent
Musharaka
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Joint
BANK Ownership CUSTOMER
Gradual Transfer of Ownership
Musharaka
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Joint
BANK Ownership CUSTOMER
Gradual Transfer of Ownership
Musharaka
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Shariah Principles
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Shariah Principles
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Shariah Principles
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Illustration
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DM - Illustration
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DM - Illustration
6. Bank’s share is divided into five units.
7. Customer agrees to buyout Bank’s share (units) on
yearly basis and the Undertaking is executed by the
customer.
8. Customer pays the rent for the usage of the Bank’s
units .
9. Rental reduces after purchase of each unit by the
customer.
10. After five years ownership of the asset is completely
transferred to the customer.
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THANK YOU
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