Musharkah definition

Musharkah means a joint enterprise or partnership structure with profit/loss sharing

Examples of Musharkah in a sentence

  • Musharakah Musharkah also creates jobs for many people in society, being finance based mode, promotes enterprise and partnershipventures, creating jobs in the country.

  • For inspection purposes only.Consent of copyright owner required for any other use.In addition the applicant is advised that the Planning Authority is tending to the view that additional noise mitigation measures may be necessary to ensure compliance with licence conditions.

  • These growth rates are applied to the daily non-accommodation spending rate of US$46 per day.6• Timeline of impact.

  • In Musharkah all partners participate in the management of the business and can work for it.

  • This paper will explore some shariah compliant contracts, with real example from utility sector; the most common contracts used in the utility sector are Musharkah, Ijarah and Murabahah.

  • Practice of running Musharkah in Pakistani Islamic banks: An analytical study in the light of Shariah principles.

  • In Musharkah all partners invest but in Mudarabha only Rab-ul- Maal invests.

  • For a succinct treatment of Islamic rules on joint ownership of assets, see the authors work Essentials of Musharkah and Mudarabah: Islamic texts on theory of partnership, Kuala Lumpur, IIUM Press, 2009.ownership of the asset.

  • But in Musharkah, the loss will be shared according to the capital ratios invested in the project.

  • In Musharkah the liability of the partners is normally unlimited.

Related to Musharkah

  • snippet means with respect to any Material Contract, a consent and agreement in favor of the Term Loan Collateral Agent (for the benefit of the Secured Parties) in substantially the form attached hereto as Exhibit F or otherwise in form and substance reasonably satisfactory to the Term Loan Collateral Agent and the Administrative Agent.","hash":"b253905eac2329f4ce5deee359573d97","id":7},{"snippetLinks":[{"key":"the-consent","type":"clause","offset":[6,17]},{"key":"dated-as-of","type":"definition","offset": [32,43]},{"key":"march","type":"clause","offset":[44,49]},{"key":"the-bank","type":"clause","offset":[72,80]},{"key":"sumitomo","type":"definition","offset":[87,95]},{"key":"heavy","type":"clause","offset":[96,101]},{"key":"industries","type":"clause","offset":[102,112]},{"key":"ltd","type":"clause","offset":[114,117]},{"key":"solely-for-purposes-of- section","type":"clause","offset":[120,150]},{"key":"borrower-and","type":"clause","offset":[173,185]},{"key":"certain","type":"clause","offset":[186,193]},{"key":"subsidiaries","type":"clause","offset":[208,220]}],"samples":[{"uri":"/contracts/8I1kKDYnIWF#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/ef30eXHgcuS#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/dwF8yXcI2kh#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21}],"size":6,"snippet":"means the Consent and Agreement dated as of March 30, 2009 by and among the Bank, SEN, Sumitomo Heavy Industries, Ltd. (solely for purposes of Section 2(b) thereunder), the Borrower and certain of Borrower’s Subsidiaries named therein.","hash":"e15b2264efd3078b83ce802817c2631f","id":8},{"snippetLinks":[{"key":"a-consent","type":"clause","offset":[6,15]},

  • We/Us/Our means TATA AIG General Insurance Company Limited.

  • Loft means an intermediary floor on a residual space in a pitched roof; above normal floor level with a maximum height of 1.5 metres and which is constructed or adopted for storage purposes;

  • Graywater means untreated wastewater that has not been contaminated by any toilet discharge, has not been affected by infectious, contaminated, or unhealthy bodily wastes, and does not present a threat from contamination by unhealthful processing, manufacturing, or operating wastes. "Graywater" includes, but is not limited to, wastewater from bathtubs, showers, bathroom washbasins, clothes washing machines, and laundry tubs, but does not include wastewater from kitchen sinks or dishwashers. Health and Safety Code Section 17922.12.

  • Spring means a source of water where an aquifer comes in contact with the ground surface.

  • seaman ’ means an individual (except scientific personnel, a sailing school instruc- tor, or a sailing school student) engaged or employed in any capacity on board a vessel.

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • Crane means any self-propelled vehicle to which has been permanently mounted or attached any crane, whether or not such vehicle was originally a truck, tractor, or other type of motor vehicle or was designed and built as a complete crane unit. However, the word "crane," as herein defined, shall not be construed to mean any truck or other vehicle equipped with or to which has been affixed any device used for the purpose of providing a means for towing other vehicles.

  • Cropland means land used for the production of adapted crops for harvest, alone or in a rotation with grasses and legumes, and includes row crops, small grain crops, hay crops, nursery crops, orchard crops, and other similar specialty crops.

  • Kerma or "K" means the quantity defined by the International Commission on Radiation Units and Measurements. The kerma is the quotient of dEtr by dm, where dEtr is the sum of the initial kinetic energies of all charged particles liberated by uncharged particles in a mass dm of materials; thus K=dEtr/dm, in units of J/kg, where the special name for the units of kerma is gray (Gy). When the materials is air, the quantity is referred to as "air kerma."

  • River means a flowing body of water or a portion or tributary of a flowing body of water, including streams, creeks, or impoundments and small lakes thereon.

  • Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • CARB means the California Air Resources Board.

  • PETE means polyethylene terephthalate, labeled by the SPI code #1.

  • Green means products, materials, methods and processes certified by a “Green Authority” that conserve natural resources, reduce energy or water consumption, avoid toxic or other polluting emissions or otherwise minimize environmental impact.

  • Salmon means Pacific Salmon of the species Oncorhynchus nerka including sockeye; Oncorhynchus kisutch including coho; Oncorhynchus gorbuscha including pink; Oncorhynchus keta including chum; and Oncorhynchus tshawytcha including chinook; anadromous whitefish and cisco (Coregonidae spp.); and anadromous Arctic char (Salvelinus alpinus).

  • CORA means the Colorado Open Records Act, §§24-72-200.1 et. seq., C.R.S.

  • Façade means the principal front or fronts of a building.

  • AASHTO means the American Association of State Highway and Transportation Officials.

  • Parkland means any publicly owned land which is designated or used as a public park, recreation area, wildlife or waterfowl refuge or historic site.

  • Toddler means a child at least one year of age but less than 2 years of age.

  • Soda fountain means a place especially equipped

  • MOHLTC means the Minister or the Ministry of Health and Long-Term Care, as the context requires;

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • Holocene means the most recent epoch of the Quaternary period, extending from the end of the Pleistocene Epoch to the present.

  • Falconry means the sport of taking quarry by means of a trained raptor.