Partnership and profit-sharing in Islamic law

This book attempts to reveal to those economists who do not have access to the Qur'an, Sunnah, and Fiqh, the legal basis on which economic institution are Islamically constructed. Chapter one is an overview, discussing the Islamic concepts. Shirkah and Mudarabah are described as two essential forms of joint venture. The second chapter deals with the distribution of profit and liability for loss in a joint enterprise and the following chapter addresses the boundaries of business operations in a joint enterprise. Chapter four deals with the financial liabilities of partners and chapter five is concerned with the term of contract. The final chapter looks at the Shirkah or Mudarabah contract for industrial production. This book also provides an epilogue, references and an index.