<\/p>\n
<\/p>\n
In addition to various economic activities for all communities, for better performance and special attention to the Islamic society, we also created halal income through Mudarabah contract.<\/p>\n
What is Mudarabah contract ?<\/p>\n
In a Mudarabah contract:
\nParties involved:
\n\u2022 Rab-ul-Mal (Capital Provider): This party provides the capital for a business venture.
\n\u2022 Mudarib (Entrepreneur or Manager): This party utilizes their skills and efforts to manage the business.
\nCapital and Profits:
\n\u2022 The Rab-ul-Mal provides the capital, and the Mudarib invests it in a business activity.
\n\u2022 Profits generated from the business are shared between the parties based on a pre-agreed profit-sharing ratio. This ratio is determined at the start of the venture.
\nLosses:
\n\u2022 While the Mudarib bears the labor and management risks, the Rab-ul-Mal bears the financial risk and potential losses. However, the Mudarib doesn’t incur losses from their personal wealth.
\nTermination:
\n\u2022 The Mudarabah contract can be terminated upon completion of the business venture or by mutual agreement.
\nMudarabah is based on the principles of Islamic finance, emphasizing profit-sharing and risk-sharing. It provides a framework for individuals to engage in economic activities while adhering to Sharia law<\/p>\n","protected":false},"excerpt":{"rendered":"
In addition to various economic activities for all communities, for better performance and special attention to the Islamic society, we also created halal income through Mudarabah contract. What is Mudarabah contract ? In a Mudarabah contract: Parties involved: \u2022 Rab-ul-Mal (Capital Provider): This party provides the capital for a business venture. \u2022 Mudarib<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yoast_head":"\n