Partnership and Profit-sharing in Islamic LawThese principles governing participatory finance and joint ventures are derived from juristic sources - the four principal schools of Islamic law |
Contents
Foreword Khurshid Ahmad | 6 |
Injunctions Regarding Shirkah and Muḍārabah | 16 |
Limits of Business Operations in a Joint | 39 |
Copyright | |
5 other sections not shown
Common terms and phrases
according Aḥmad al-Dardir al-Ghazālī al-Jaziri al-Khafif al-Nawawi al-Sarakhsī Allah Bāb basis of muḍārabah basis of shirkah behalf business effort business transactions capital invested capital on muḍārabah capital-owner's permission cash clear co-partners or capital-owner credit purchase credit sales dirhams discussion distribution of profit engage in business express permission financial liabilities fixed fixed-term contract Hanafi Ḥanafi jurists Hanbali Ḥanbalī jurists Ibid Ibn Qudāma Ibn Rushd Imām Mālik Imam Nawawi injunctions invested capital Islamic economics Islamic jurisprudence joint business joint capital joint enterprise Kāsānī legitimate Mālikī jurists muḍārabah agreement muḍārabah business muḍārabah capital muḍārabah contract muḍārabah or shirkah muḍārabah under muḍārabah necessary original capital owner partner is entitled permission of co-partners personal capital purchased on credit Qur'an schools of jurisprudence second working partner secure sell on credit Shafi'i Shāfi'ī jurists Shari'ah shirkah agreement shirkah and muḍārabah shirkah capital shirkah contract shirkah or muḍārabah shirkat-'inān Sunnah terminate the contract third party valid