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Musharakah With Conventional Bank
It is permissible to enter into a Musharakah with a conventional bank, provided that the business conducted is lawful in the Shariah and no...
 
Accounting For Musharakah As Accounting For Conventional Financing
It will not be permissible to account for a Musharakah in the same manner as conventional banks account for their financing, for the latter is...
 
Minimum Account Balance
It is permissible to fix the minimum Musharakah account balance. If the balance falls below that level, the account will be treated as a current...
 
Guarantee In Musharakah
Each partner in a Musharakah has the right to make use of the collective funds of the Musharakah in a way that is of benefit to partners....
 
Purchase Of Machinery For Running Business
If a commercial enterprise wishes to purchase a machine for using it in its business activity and not for sale, the Diminishing Musharakah that...
 
Profit Shares Need Not Be Proportionate To Investment Ratios
Profit shares need not be proportionate to investment amounts and may reflect varying amounts of time, effort and risk undertaken by different...
 
Events That Terminate Musharakah For Partner
Among the partners, death, insanity and incapacity to conduct business render the Musharakah terminated for that person.
 
Musharakah Profit Distribution
It is permissible for the partners in a Musharakah to agree upon any formula for distribution of profits that is a percentage of returns. It is not...
 
Specifying Profit Thresholds In Musharakah
It is permissible to agree upon a clause as described in the question. This entails that a threshold of profits is specified, up to which only one...
 
Property Bought Under Musharakah Registered In Name Of Partner
It is permissible to register such a property in the name of one of the partners to the Musharakah contract. This will not affect the validity of...
 


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