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.
References in periodicals archive ?
Most interestingly, almost all current banking product structures including murabaha, tawarruq, ijara, salam, istisna, wakala, kifalah, shirka, modariba, etc.
Furthermore, the electoral process is a public demand," said Shirka in a Baghdad press conference.
com Amanda Shirka Fahlgren Mortine Public Relations for the Fraternal Order of Eagles 614.