shirkah
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Shirkah — An Islamic finance term that describes a partnership between two or more individuals. The parties involved combine a portion of their capital or labor in order to share in the profits and losses of the business. Shirkah, in the Islamic theory and … Investment dictionary
shirkah — See Islamic finance … Big dictionary of business and management
Islamic finance — A system of finance that is bound by religious laws that prevent the taking of interest payments (see halal, haraam). Joint ventures in which the funder and the borrower share profits and risks are, however, acceptable. There are a number of… … Accounting dictionary
Islamic finance — A system of finance that is bound by religious laws that prevent the taking of interest payments (see halal; haraam). Joint ventures in which the funder and the borrower share profits and risks are, however, acceptable. There are a number of… … Big dictionary of business and management
