The concept of complete equality in mufawadah partnership: its recognition and rationale in islamic law

The emphasis in mufawadah partnership is on realising complete equality in all relevant aspects of the venture where sharing is possible. This has theoretically necessitated, among other things, total equality of capital possessed and invested by each partner in the venture, equality in transactiona...

Full description

Bibliographic Details
Main Author: Sadique, Muhammad Abdurrahman
Format: Article
Language:English
Published: 2016
Subjects:
Online Access:http://irep.iium.edu.my/53006/
http://irep.iium.edu.my/53006/
http://irep.iium.edu.my/53006/1/JESOC5_88.pdf
id iium-53006
recordtype eprints
spelling iium-530062017-01-12T03:16:46Z http://irep.iium.edu.my/53006/ The concept of complete equality in mufawadah partnership: its recognition and rationale in islamic law Sadique, Muhammad Abdurrahman KBP1 Islamic law.Shariah.Fiqh KBP425 Uṣūl al-fiqh. Jurisprudence and theory of law. Science of legal reasoning. KBP490 Furūʻ al-fiqh. Substantive law. Branches of law. KBP639 Muʻāmalāt The emphasis in mufawadah partnership is on realising complete equality in all relevant aspects of the venture where sharing is possible. This has theoretically necessitated, among other things, total equality of capital possessed and invested by each partner in the venture, equality in transactional powers, and each partner being a guarantor for the liabilities of the other, in addition to bearing mutual agency. With the extraordinary nature of this contract, it is exceedingly questionable that such a partnership is feasible, if not at its inception, at least in continuation. Thus, the purpose in the detailed analysis of mufawadah in works of Islamic law appears to be highlighting the differences between mufawadah and ‘ inan, complementing the study of the latter, which is the most common form of contractual partnership. 2016-10 Article PeerReviewed application/pdf en http://irep.iium.edu.my/53006/1/JESOC5_88.pdf Sadique, Muhammad Abdurrahman (2016) The concept of complete equality in mufawadah partnership: its recognition and rationale in islamic law. Journal of Education and Social Sciences, 5 (1). pp. 166-172. ISSN 2289-1552 http://jesoc.com/wp-content/uploads/2016/11/JESOC5_88.pdf
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic KBP1 Islamic law.Shariah.Fiqh
KBP425 Uṣūl al-fiqh. Jurisprudence and theory of law. Science of legal reasoning.
KBP490 Furūʻ al-fiqh. Substantive law. Branches of law.
KBP639 Muʻāmalāt
spellingShingle KBP1 Islamic law.Shariah.Fiqh
KBP425 Uṣūl al-fiqh. Jurisprudence and theory of law. Science of legal reasoning.
KBP490 Furūʻ al-fiqh. Substantive law. Branches of law.
KBP639 Muʻāmalāt
Sadique, Muhammad Abdurrahman
The concept of complete equality in mufawadah partnership: its recognition and rationale in islamic law
description The emphasis in mufawadah partnership is on realising complete equality in all relevant aspects of the venture where sharing is possible. This has theoretically necessitated, among other things, total equality of capital possessed and invested by each partner in the venture, equality in transactional powers, and each partner being a guarantor for the liabilities of the other, in addition to bearing mutual agency. With the extraordinary nature of this contract, it is exceedingly questionable that such a partnership is feasible, if not at its inception, at least in continuation. Thus, the purpose in the detailed analysis of mufawadah in works of Islamic law appears to be highlighting the differences between mufawadah and ‘ inan, complementing the study of the latter, which is the most common form of contractual partnership.
format Article
author Sadique, Muhammad Abdurrahman
author_facet Sadique, Muhammad Abdurrahman
author_sort Sadique, Muhammad Abdurrahman
title The concept of complete equality in mufawadah partnership: its recognition and rationale in islamic law
title_short The concept of complete equality in mufawadah partnership: its recognition and rationale in islamic law
title_full The concept of complete equality in mufawadah partnership: its recognition and rationale in islamic law
title_fullStr The concept of complete equality in mufawadah partnership: its recognition and rationale in islamic law
title_full_unstemmed The concept of complete equality in mufawadah partnership: its recognition and rationale in islamic law
title_sort concept of complete equality in mufawadah partnership: its recognition and rationale in islamic law
publishDate 2016
url http://irep.iium.edu.my/53006/
http://irep.iium.edu.my/53006/
http://irep.iium.edu.my/53006/1/JESOC5_88.pdf
first_indexed 2023-09-18T21:15:04Z
last_indexed 2023-09-18T21:15:04Z
_version_ 1777411507158515712