Search Islamic Finance Answers

1,000+ scholar-approved answers and growing...

Minimum Account Balance
Is it permissible to fix the minimum Musharakah account balance so that if the balance were to fall below a specified level, the client would not be entitled to profits?
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 account with no profit or loss.

ASK AN ISLAMIC FINANCE QUESTION

Each question is reviewed by an Islamic finance expert and approved by a scholar.

Ask Now »

SEARCH ISLAMIC FINANCE Q&As

Browse one of the world's largest database of Islamic finance Q&As available online.

View details »

What’s New at Ethica

Press releases, live events, book recommendations, discount offers, and more

View details »