Definition and classification of Musharaka The literary meaning of Musharaka is “sharing”. The root of the term “Musharaka” in Arabic comes from the word “Shirka”, which means ‘being a partner’. Under Islamic jurisprudence, Musharaka means; “a joint enterprise formed for conducting some business in which all partners share the profit according to a specific ratioContinue reading “What is MUSHARAKA?”
Monthly Archives: September 2020
Be winners in the new economy, the Digital Economy by mastering Digital and Cryptocurrencies.
Bitcoin was the first Cryptocurrency, and today it is the most valuable as listed in the crypto or digital currency exchanges like Coinbase https://www.coinbase.com/. This trend to create global currencies, which are tradeable globally is driven by advances in secure ICT technology called Blockchain. To learn more about these development ME School of Finance, AccountingContinue reading “Be winners in the new economy, the Digital Economy by mastering Digital and Cryptocurrencies.”
Business Valuation 101
Business valuation is the process of determining the monetary value of a business or a company. Business valuation can be used to determine the fair value of a business for a variety of reasons, including sale value, establishing partner ownership value, Joint venture valuation, merger and acquisition value, determining inheritance tax liability and divorce proceedings Business Valuation is an inexact science atContinue reading “Business Valuation 101”
Digital Mindset 2020
A form of Musharakah, developed in the near past, is the ‘Diminishing Musharakah.’ According to this concept, a financier and his client participate either in the joint ownership of property or equipment or in a joint commercial enterprise. The share of the financier is further divided into several units. It is understood that the clientContinue reading “DIMINISHING MUSHARAKAH”