Equity Partnership in joint enterprises by Islamic banks: Is a more equitable approach to sharing profit and loss possible?
According to Islamic guidelines on partnership ventures, the profit sharing ratio is determined at the outset, and the actual return to the partners is ascertained at the end on the basis of realised profits. In financing partnership ventures, Islamic banking usually fix the profit sharing ratio th...
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| Format: | Proceeding Paper |
| Language: | English English English |
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2008
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| Online Access: | http://irep.iium.edu.my/7254/1/Paper_4.pdf http://irep.iium.edu.my/7254/4/Support_docs_Intac_iv_Conf_M_A_Sadique.docx http://irep.iium.edu.my/7254/5/INTAC_iv.pdf |