Commenda partnership (mudarabah) - an overview
Mudarabah is an Islamic contract in which one party supplies the capital (money) and the other provides management expertise to undertake a lawful specific business or project. The former is known as the owner of the capital (rabb al-mal) and the latter is refereed to as an agent (mudarib) who actua...
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| Format: | Article |
| Language: | English |
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TM-Info-Media Sdn. Bhd.
2009
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| Online Access: | http://irep.iium.edu.my/15406/1/Halal_Pages.pdf |
| _version_ | 1796876233826369536 |
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| author | Mohd Noor, Fauziah |
| author_facet | Mohd Noor, Fauziah |
| author_sort | Mohd Noor, Fauziah |
| collection | IIUM |
| description | Mudarabah is an Islamic contract in which one party supplies the capital (money) and the other provides management expertise to undertake a lawful specific business or project. The former is known as the owner of the capital (rabb al-mal) and the latter is refereed to as an agent (mudarib) who actually runs the business. The practice of mudarabah can be traced back through several centuries of Islamic history. It had been applied in trade, agriculture and manufacturing sector. This contract is particularly capable of attracting those potential capable entrepreneurs who are unable to provide any capital to run a business. In other words, this contract could lead to a desirable distribution of income by discouraging concentration of wealth in fewer hands. |
| first_indexed | 2024-03-05T22:49:35Z |
| format | Article |
| id | oai:generic.eprints.org:15406 |
| institution | International Islamic University Malaysia |
| language | English |
| last_indexed | 2024-03-05T22:49:35Z |
| publishDate | 2009 |
| publisher | TM-Info-Media Sdn. Bhd. |
| record_format | dspace |
| spelling | oai:generic.eprints.org:154062012-01-10T10:24:39Z http://irep.iium.edu.my/15406/ Commenda partnership (mudarabah) - an overview Mohd Noor, Fauziah K Law (General) KBP1 Islamic law.Shariah.Fiqh Mudarabah is an Islamic contract in which one party supplies the capital (money) and the other provides management expertise to undertake a lawful specific business or project. The former is known as the owner of the capital (rabb al-mal) and the latter is refereed to as an agent (mudarib) who actually runs the business. The practice of mudarabah can be traced back through several centuries of Islamic history. It had been applied in trade, agriculture and manufacturing sector. This contract is particularly capable of attracting those potential capable entrepreneurs who are unable to provide any capital to run a business. In other words, this contract could lead to a desirable distribution of income by discouraging concentration of wealth in fewer hands. TM-Info-Media Sdn. Bhd. 2009 Article NonPeerReviewed application/pdf en http://irep.iium.edu.my/15406/1/Halal_Pages.pdf Mohd Noor, Fauziah (2009) Commenda partnership (mudarabah) - an overview. Halal Pages 2009/2010. pp. 88-89. ISSN 1675-2465 |
| spellingShingle | K Law (General) KBP1 Islamic law.Shariah.Fiqh Mohd Noor, Fauziah Commenda partnership (mudarabah) - an overview |
| title | Commenda partnership (mudarabah) - an overview |
| title_full | Commenda partnership (mudarabah) - an overview |
| title_fullStr | Commenda partnership (mudarabah) - an overview |
| title_full_unstemmed | Commenda partnership (mudarabah) - an overview |
| title_short | Commenda partnership (mudarabah) - an overview |
| title_sort | commenda partnership mudarabah an overview |
| topic | K Law (General) KBP1 Islamic law.Shariah.Fiqh |
| url | http://irep.iium.edu.my/15406/1/Halal_Pages.pdf |
| work_keys_str_mv | AT mohdnoorfauziah commendapartnershipmudarabahanoverview |