Académique Documents
Professionnel Documents
Culture Documents
Diminishing Musharakah
Summary of the Previous Lecture
In previous lecture we discussed certain
situations and provided their solutions under
the Musharakah and Mudarabah contract.
Learning Outcomes
After this lecture you will be able to understand;
1.Purchase of House
2.Construction of House
3.Renovation of House
Shirkat-ul-Aqd Shirakat-ul-Milk
Joint Venture Joint ownership
Features of Diminishing Musharakah
1. Purchase of House
2. Construction of House
3. Renovation of House
4. This is Shirkat-ul-Milk.
5. This is Shirkat-ul-Milk.
7. Bank will divide its own part of asset into units, which
is promised by the client to purchase on pre-agreed
price.
2. Financing for Construction Of
House
8. After completion of house, Ijarah Agreement will be
signed and bank will give his share of house on rent.
Before completion of construction, rent cannot be
charged.
5. This is Shirkat-ul-Milk.
7. Bank will divide its own part of asset into units, which
is promised by the client to purchase on pre-agreed
price.
3. Financing for Renovation of House
8. After completion of renovation, Ijarah Agreement will
be signed and bank will give his share of house on
rent. Before completion of renovation, rent cannot be
charged.
6. This is Shirkat-ul-Milk.
4. Diminishing Musharakah for BTF
8. Bank will divide its own part of asset into units, which
is promised by the client to purchase on pre-agreed
price.
4. Diminishing Musharakah for BTF