Partnership Contracts

Partnership contracts refer to contracts which are entered into for the purpose of having a partnership in work and profit. It is founded upon the spirit of cooperation and partnership in the sense that profits are shared together by the partners and losses are borne by both of them. For further details see: ISRA, Islamic Financial System; Principles and Operations.

Musharakah


Resolution No. 148 (6/16): Al-Kafalatu Al-tijariyyah (Commercial Guarantee)
Obtaining LCs Without Adequate Funds
Resolution No. 156 (5/17): The Completion Of Sukuk Al-Musharakah: The Components Of Its Assets
Can One Partner Lease his Half of a Jointly Owned Asset to Another Partner?
Can the Public Be Invited to Invest in an Unbuilt Real Estate Project If the Land and Designs Are Ready?
Issue Of Partial Completion in Istisna'a
Finance jointly with a usurious financer
Can a Trucking Company Charge Its Truckers a Commission for Acting as an Intermediary with the Government?
Is it Lawful for the Government to Provide a Guaranteed Minimum Profit on a Project?
What Is the Ruling on the Agreement for Purchase and Resale of a Plane Where KFH Purchases It Through a Partnership and Sells It Through Murabahah?
Guarantees As Separate Contracts in Musharakah, Mudarabah & Wakala
Syndicated Financing Between Islamic And Conventional Institutions
Can an Islamic Bank Partner with a Conventional Bank in a Lawful Project?
Can One Party Take Two Separate Roles in One Investment Operation?
What’s the Shariah Ruling Regarding Buying a Specific Commodity Based Upon a Customer’s Promise to Buy the Commodity by Deferred Payment?
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 146th Meeting
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 143rd Meeting
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 135th Meeting
Resolution No. 104: The permissibility of participating with University A to develop a cure for cancer
Resolution No. 114: The permissibility of the lessee participating in the profit or loss when the leased asset is sold
Resolution No. 117: A partnership agreement between Al Rajhi Corporation and Company A
Asking the Customer for a Share of His Profits as Payment for a Murabahah Sale
Can One Buy Shares of Jointly Owned Property and then Sell Them to One of the Partners by Murabahah?
Joint Purchase Followed by a Murabahah Resale to One of the Partners
دفع الزكاة عن أرباح أموال المساهمين أو الاحتياطيات
مسؤولية العميل عن التأمين في معاملات المشاركة
عمل وديعة مخصصة من دون خلطها بأموال المصرف
السحب المبكر من وعاء المضاربة
احتساب نتائج المشاركة
Legal Constraints on Buying Shares of Limited Liability Companies
Profit Sharing Fund
Shares: Guarantee
Third Party Guarantee – Without Consideration
Fee For Group Financing
A Purchase Undertaking and Earnest Money for Murabahah
A Purchase Undertaking and Earnest Money for Murabahah
A Difference in Profit Share of Jointly Owned Property
Allocating Profit For Expenses Borne By One Of The Partners in a Musharakah
An Islamic Bank Paying a Customer’s Credit Card Bill from His Deposited Funds
Business Expenses in Musharakah based on Percentage of Capital
Buying a Piece of Jointly Owned Real Estate and then Selling It Back to One of the Partners
Trading With A Related Entity
Can a Company Partner Be an Employee of the Same Company?
Can an Investor Exit a Portfolio by Selling His Share before Revenue Distribution?
An Heir Asks the Bank to Buy the Shares of Certain Heirs in a House and Then Sell It to the Rest of Them; Can the Bank Reserve the Right to Sell to Another Buyer?
One Party Buys a Truck; the Other Drives It for Monthly Expenses Plus a Share of the Profit after the Owner has Recovered the Price of the Truck
Can the Bank Buy a Car That Was Purchased by Its Appraiser?
Is KFH Considered a Mudarib or an Agent for Customers in a Currency Portfolio?
Is It Allowed to Sell a Share of Common Property That Has Been Leased Out?
Is It Allowed for a Partner in a Deferred Payment Sale to Sell Its Share to a New Partner?
If One Partner Injects Additional Capital after the Initial Capitalization, Should the Shares of Profit Be Adjusted?
Is It Allowed for a Partner to Sell Commodities to Other Partners?
Is It Allowed For a Partner to Sell Commodities to the Partnership?
Is It Allowed for a Partner to Stipulate a Fixed Salary for Managing the Company and Then Distribute the Profits According to Agreement?
Clarifications on Some Conditions of Partnership
Is It Allowed to Sell the Shares of a Company While It Is Still Being Established?
Is It Allowed to Buy the Shares of Companies Whose Activities Are Lawful but Have Usurious Loans?
Is It Allowed to Give Shares as Compensation for Labour?
What is the Ruling on Terminating an International Murabahah Deal before Its Term?
Revisiting the Ruling on Terminating an International Murabahah Deal before Its Term
Rulings of Investment in the Stock Exchange
What are the Rulings of Purchasing Existing Companies and Restructuring them so that they Conform to the Investment Requirements of the Shari’ah?
Is it Impermissible to Separate the Money of Depositors from the Money of Shareholders?
What are the Shari‘ah Conditions for a Musharkah?
Resolution No. 130 (14/4): Modern Companies: Holding Companies and Other Types of Companies, and Their Shari‘ah Rulings

Mudarabah


Who Bears the Loss in a Mudarabah Venture?
Hibah In Inter-Bank Mudharabah Investment Contract
If the Bank is the Mudarib, Are Its Employees’ Salaries and Allowances Deducted Before Calculating the Profit?
Transfer of Contract With The Intention of Absconding One’s Responsibilities
Can a Mudarib Sell What He Owns to His Principal without Seeking the Principal’s Permission?
Not Stating The Remuneration For The Agent
Guarantees As Separate Contracts in Musharakah, Mudarabah & Wakala
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 150th Meeting
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 146th Meeting
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 144th Meeting
RESOLUTION No. 76/7/8: PROBLEMS OF ISLAMIC BANKS
Resolution No. 115: The permissibility of entering into a partnership agreement with a client to import some goods
الجوائز النقدية أوالعينية
تمويل رأس المال العامل من خلال الوكالة بالاستثمار
التأمين على الديون والحياة
(كسر الوديعة (التخارج
الأرباح من وديعة الاستثمار
العائد على ودائع الاستثمار
عمل وديعة مخصصة من دون خلطها بأموال المصرف
أرباح المضاربة في حالة سحب الوديعة قبل انقضاء مدة المضاربة
توزيع الجوائز النقدية لودائع الاستثمار
توزيع الأرباح الناتجة عن عملية الاستثمار
إمكانية صياغة صكوك مشاركة تمويل محفظة
Murabahah Debt Restructuring with Central Banks as Guarantor
Guaranteeing the Shares of Participants of Profit-Sharing Funds and Clearance Funds
Profit Sharing Fund
Wadiah And Mudharabah Current Account
Special Investment Account
Can a Company Partner Be an Employee of the Same Company?
Does Profit-and-Loss Sharing Apply to the Shareholders’ Reserve Funds?
What is the Rule When an Unrestricted Investment Deposit Holder Wants to Withdraw His Deposit before the End of the Deposit Period?
an Islamic Bank “Loan” Employees to Another Institution When the Cost of Their Salaries Brings No Direct Benefit to the Bank’s Shareholders?
Can the Bank Buy a Car That Was Purchased by Its Appraiser?
Is It Allowed to Invest the Deposit of a Lease Contract?
Is KFH Considered a Mudarib or an Agent for Customers in a Currency Portfolio?
Is It Allowed for One Partner to Stipulate a Priority Right to Partnership Profits?
Is It Allowed to Stipulate a Fixed Salary for the Entrepreneur in Mudarabah Plus a Percentage of the Profit?
Is It Allowed for a Partner to Sell Commodities to Other Partners?
Is It Allowed to Distribute Mudarabah Profits on the Basis of Gross Profits Rather Than Net Profits?
Is It Allowed to Mix Deposits of Different Periods?
Can Investment Accounts Share in the Same Profit and Loss Calculation if They Are Opened on Different Dates?
How to Treat a New Deposit in a Mudarabah Investment Account?
Is it Allowed for a Partner to Replace his Customer in a Foreign Currency Investment?
Who is Responsible to Pay Zakah in a Profit-Sharing Partnership?
Is It Allowed to Simultaneously Act as an Agent and a Mudarib (Entrepreneur)?
Is it Impermissible to Separate the Money of Depositors from the Money of Shareholders?
Resolution No. 123 (5/13): Qirad or Mudarabah Mushtarakah (Joint Mudarabah) in Financial Institutions (Investment Accounts)

Muzara'ah


Musaqah


Mugharasah


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