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  • Musharaka

    • CM-8.1.10

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

      October 07

    • CM-8.1.11

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

      October 07