Results for tag: "Musharakah"

Musharakah is an Islamic financial contract that involves two or more parties sharing profits and losses in a joint venture. It is a form of partnership in which the parties agree to share the profits and losses of a business venture according to a predetermined ratio. The parties also agree to share the risks associated with the venture. The Musharakah contract is based on the principles of mutual trust and cooperation, and it is considered to be a more equitable form of financing than conventional financing. The Musharakah market is an important part of the Islamic finance industry, providing an alternative to conventional financing. It is used by businesses and individuals to finance a variety of projects, including real estate, small businesses, and investments. Some of the companies in the Musharakah market include Al Rajhi Bank, Dubai Islamic Bank, Abu Dhabi Islamic Bank, Qatar Islamic Bank, and Kuwait Finance House. Show Less Read more