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Shirkah |
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Shirkah In Islamic finance, an agreement between two or more parties forming a business or other venture. There are two basic types of shirkah: mudharaba and musharika. In a mudharaba, one party contributes capital and another manages the business. In a musharika, multiple parties contribute capital. In both cases, the shirkah must comply with Islamic law. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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