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Diminishing Musharakah & EasyHome June 11-07 -...

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1 Concept of Diminishing Musharakah • Diminishing Musharakah - Introduction • Basic Structure • Shariah Principles • Illustration • DM in trade & business Presentation Outline Diminishing Musharakah-Introduction Musharakah is a form of partnership (Shirkat) There are two types of Shirkah: 1. Shirkat-ul-Milk Joint ownership of two or more persons in a particular property 2. Shirkat-ul-Aqd A partnership affected by mutual contract. It can also be translated as a joint commercial enterprise Musharakah
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