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Understanding Musharakah in Islamic Finance by Khalid Waheed is a document available to read on EtoBox.
What is Understanding Musharakah in Islamic Finance about?
The document discusses the Islamic financing mode of Musharakah and its variant, Diminishing Musharakah. Musharakah is an equity participation contract where both the financial institution and client jointly finance a project by contributing capital. Profits are shared according to a pre-agreed ratio while losses are shared in proportion to capital. Diminishing Musharakah allows the client to gradually purchase the financial institution
- Author
- Khalid Waheed
- Language
- EN