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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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Main Author: Mohd Noor, Fauziah
Format: Article
Language:English
Published: TM-Info-Media Sdn. Bhd. 2009
Subjects:
K Law (General)
KBP1 Islamic law.Shariah.Fiqh
Online Access:http://irep.iium.edu.my/15406/1/Halal_Pages.pdf
http://irep.iium.edu.my/15406/
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spelling my.iium.irep.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 REM 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
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic K Law (General)
KBP1 Islamic law.Shariah.Fiqh
spellingShingle K Law (General)
KBP1 Islamic law.Shariah.Fiqh
Mohd Noor, Fauziah
Commenda partnership (mudarabah) - an overview
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.
format Article
author Mohd Noor, Fauziah
author_facet Mohd Noor, Fauziah
author_sort Mohd Noor, Fauziah
title Commenda partnership (mudarabah) - an overview
title_short 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_sort commenda partnership (mudarabah) - an overview
publisher TM-Info-Media Sdn. Bhd.
publishDate 2009
url http://irep.iium.edu.my/15406/1/Halal_Pages.pdf
http://irep.iium.edu.my/15406/
_version_ 1643607011855695872
score 13.211869

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