Existence of capital at the commencement of joint ventures: an analysis of the Shari‘ah position in the context of modern money and banking practices

The objective of this study is to verify the Shari'ah position on the existence of capital in joint ventures based on musharakah and mudarabah, and its relevance and implications in the context of joint ventures formed between Islamic banks and clients in the course of financing on equity basi...

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Bibliographic Details
Main Author: Sadique, Muhammad Abdurrahman
Format: Article
Language:English
Published: International Islamic University 2009
Subjects:
Online Access:http://irep.iium.edu.my/4356/
http://irep.iium.edu.my/4356/
http://irep.iium.edu.my/4356/1/IIUMJEMVol.17No.2%282009%29209-30.pdf

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