Decreasing partnership (al-mushārakah al-mutanāqisah) for asset and venture financing: realizing Shari‘ah essentials

Al-mushārakah al-mutanāqiÎah or decreasing equity partnership based modes could be used for financing asset procurement as well as projects in a variety of situations. The shari„ah admissibility of this mode essentially depends on the reality and independent functioning of the various contracts. Di...

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Main Author:	Sadique, Muhammad Abdurrahman
Format:	Conference or Workshop Item
Language:	English English
Published:	2011
Subjects:	HG1501 Banking HG179 Personal finance KBP173.25 Islamic law and other disciplines or subjects
Online Access:	http://irep.iium.edu.my/7258/ http://irep.iium.edu.my/7258/ http://irep.iium.edu.my/7258/1/ABS113_Sadique.pdf http://irep.iium.edu.my/7258/4/Tentative_programme.pdf

id	iium-7258
recordtype	eprints
spelling	iium-72582014-02-27T08:39:06Z http://irep.iium.edu.my/7258/ Decreasing partnership (al-mushārakah al-mutanāqisah) for asset and venture financing: realizing Shari‘ah essentials Sadique, Muhammad Abdurrahman HG1501 Banking HG179 Personal finance KBP173.25 Islamic law and other disciplines or subjects Al-mushārakah al-mutanāqiÎah or decreasing equity partnership based modes could be used for financing asset procurement as well as projects in a variety of situations. The shari„ah admissibility of this mode essentially depends on the reality and independent functioning of the various contracts. Diverse capacities the parties undertake through the component contracts should be effectively reflected, especially through fulfilling the duties pertaining to ownership and lease, and accepting the liabilities involved. Gaining legal recognition for the component contracts should be attempted for. In decreasing partnership for ventures, the equity structure should not be based on terms favourable to one party alone. Replacing the legally binding promise to purchase with an understanding to that effect, giving the partners a choice in the matter, could be more conducive towards the equity relationship. 2011-07-12 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/7258/1/ABS113_Sadique.pdf application/pdf en http://irep.iium.edu.my/7258/4/Tentative_programme.pdf Sadique, Muhammad Abdurrahman (2011) Decreasing partnership (al-mushārakah al-mutanāqisah) for asset and venture financing: realizing Shari‘ah essentials. In: IIUM International Accounting Conference V (INTAC V), 12-13 July, 2011, Pan Pacific Kuala Lumpur International Airport, Malaysia. http://www.iium.edu.my/intacv
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG1501 Banking HG179 Personal finance KBP173.25 Islamic law and other disciplines or subjects
spellingShingle	HG1501 Banking HG179 Personal finance KBP173.25 Islamic law and other disciplines or subjects Sadique, Muhammad Abdurrahman Decreasing partnership (al-mushārakah al-mutanāqisah) for asset and venture financing: realizing Shari‘ah essentials
description	Al-mushārakah al-mutanāqiÎah or decreasing equity partnership based modes could be used for financing asset procurement as well as projects in a variety of situations. The shari„ah admissibility of this mode essentially depends on the reality and independent functioning of the various contracts. Diverse capacities the parties undertake through the component contracts should be effectively reflected, especially through fulfilling the duties pertaining to ownership and lease, and accepting the liabilities involved. Gaining legal recognition for the component contracts should be attempted for. In decreasing partnership for ventures, the equity structure should not be based on terms favourable to one party alone. Replacing the legally binding promise to purchase with an understanding to that effect, giving the partners a choice in the matter, could be more conducive towards the equity relationship.
format	Conference or Workshop Item
author	Sadique, Muhammad Abdurrahman
author_facet	Sadique, Muhammad Abdurrahman
author_sort	Sadique, Muhammad Abdurrahman
title	Decreasing partnership (al-mushārakah al-mutanāqisah) for asset and venture financing: realizing Shari‘ah essentials
title_short	Decreasing partnership (al-mushārakah al-mutanāqisah) for asset and venture financing: realizing Shari‘ah essentials
title_full	Decreasing partnership (al-mushārakah al-mutanāqisah) for asset and venture financing: realizing Shari‘ah essentials
title_fullStr	Decreasing partnership (al-mushārakah al-mutanāqisah) for asset and venture financing: realizing Shari‘ah essentials
title_full_unstemmed	Decreasing partnership (al-mushārakah al-mutanāqisah) for asset and venture financing: realizing Shari‘ah essentials
title_sort	decreasing partnership (al-mushārakah al-mutanāqisah) for asset and venture financing: realizing shari‘ah essentials
publishDate	2011
url	http://irep.iium.edu.my/7258/ http://irep.iium.edu.my/7258/ http://irep.iium.edu.my/7258/1/ABS113_Sadique.pdf http://irep.iium.edu.my/7258/4/Tentative_programme.pdf
first_indexed	2023-09-18T20:16:34Z
last_indexed	2023-09-18T20:16:34Z
_version_	1777407827643465728

Decreasing partnership (al-mushārakah al-mutanāqisah) for asset and venture financing: realizing Shari‘ah essentials

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