• CM-8.4 CM-8.4 Musharaka

    • CM-8.4.1

      Under a Musharaka contract, losses are shared in proportion to the contributed capital. It is not permissible to stipulate otherwise.

    • CM-8.4.2

      For a detailed definition, disclosure requirements and method(s) of accounting treatment, refer to AAOIFI's FAS 4: Musharaka Financing.