Warning: Creating default object from empty value in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/plugins/independent-core/admin/ReduxCore/inc/class.redux_filesystem.php on line 29 Al-Mudarib – Fincyclopedia
[wpdreams_ajaxsearchpro id=44 ]

Islamic Finance


[addtoany]
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/template-parts/post/content-single.php on line 41

Al-Mudarib


Arabic (المضارب) for the labor provider/ worker in a contract of mudaraba. Labor or work includes entrepreneurship, management, and investment skills, and all business expertise needed for a capital-labor partnership to achieve its objective (i.e., profit).

This is the contribution provided by al-mudarib against the capital (ras al-mal) provided by rab al-mal (owner/ provider of funds). As a general rule, al-mudarib has the exclusive right to run the business of mudaraba in his own way, and without interference from the provider of funds (Hanbalis, however, consider the participation of the provider of funds in the work permissible). Al-mudarib should take all measures to ensure that his actions are shari’a-compatible and conforming to the applicable practice of the business activity. Moreover, al-mudarib should observe the conditions set by the provider of funds, provided that such conditions do not hinder the general conditions of the mudaraba contract.


[related_posts_by_tax title="See also" posts_per_page="10" taxonomies="post_tag"]

[pt_view id=d3cfcfcp7w]
[su_box title="Watch on Youtube" style="soft" box_color="#f5f5f5" title_color="#282828" radius="2" class="" id=""][su_row class=""][su_column size="1/1" center="yes" class=""] [/su_column][/su_row][/su_box]
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*