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Investment Capital In A Musharakah
The share capital of a Musharakah may be in the form of cash or as a commodity. If the capital is a commodity, its market availability and value...
 
Early Termination In A Shirkat Ul Milk Or Shirkat Ul Aqd
In the case of a Shirkat ul Milk, the withdrawal of one partner does not terminate a partnership. On the other hand, in the case of a Shirkat ul...
 
Diffrence Between Musharakah And Mudarabah
Both the Musharakah and the Mudarabah are partnership contracts. In a Musharakah, all the members make a contribution to the business and have the...
 
Role Of Musharakah Partners
There are numerous preconditions and integrals in a Musharakah contract which you can review in Ethica's CIFE™ program. In brief, partners all...
 
Immediate Cancellation Of Invalid Partnership
If a partnership is found to be invalid, it is cancelled immediately. Profits and losses are distributed in proportion to investment sizes rather...
 
Guidelines Regarding Mixing Of Capital
Capital may be mixed or left unmixed between partners when invested. It is valid if partners decide to mix the capital by holding a joint account,...
 
Dealing With Musharakah Loss/Damage/Theft Prior To Capital Distribution
In the event of loss, damage or theft before capital is distributed among the partnership or before partners invest their capital, the partnership...
 
Dealing With Musharakah Loss/Damage/Theft After Capital Distribution
In the event of loss, damage or theft after capital is distributed among the partnership, partners share in the loss in proportion to their...
 
When Good Or Service Contributed Is Unrelated To Business
For a partner to form a valid partnership, the commodity he brings has to be directly related to the direct affairs of the business.
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Deposit Of Bank's Investment In Musharakah
It is necessary for a valid Musharakah that all partners deposit their contributions when entering into the contract.
 


Disclaimer: Although care has been taken in preparing the information contained in this Q&A database, Ethica Institute of Islamic Finance cannot guarantee the accuracy thereof. Anyone using the information does so at their own risk and shall be deemed to indemnify Ethica Institute of Islamic Finance from any and all injury or damage arising from such use. One should double check with a qualified scholar to see whether the Q&A applies to one's particular situation.

 

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