Prior agreement on revising the profit sharing ratio during the tenure of the contract in Musharakah and Mudarabah of Islamic banks

Prior agreement on revising the profit sharing ratio during the tenure of the contract in Musharakah and Mudarabah of Islamic banks

While it is generally ensured in equity based Islamic banking facilities that the profit sharing ratio is fixed at the inception of the contract, certain measures are seen to be adopted sometimes, that result in affecting the mechanism of profit sharing. These include reserving at the outset of the...

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Bibliographic Details
Main Author: Sadique, Muhammad Abdurrahman
Format: Proceeding Paper
Language:English
Published: Zes Rokman Resources 2018
Subjects:
HB126.4 Islamic Economics
HF5601 Accounting. Bookkeeping
HG3368 Islamic Banking and Finance
KBP639 Muʻāmalāt
Online Access:http://irep.iium.edu.my/69043/
http://irep.iium.edu.my/69043/1/69043_Prior%20agreement%20on%20revising%20the%20profit%20sharing.pdf

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