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Islamic Finance

  Islamic Finance   |   Terms
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  • April 27, 2023
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Al-Shuyu

Arabic (الشيوع) for the state of an asset (particularly, a land) being jointly owned/ possessed by a number of persons, who all have equal rights to the subject matter. Al-shuyu’ indicates the identical entitlement associated with of the portion of each and every co-owner (such as partners).

Al-shuyu’ connotes joint and common entitlement to an undivided portion in the subject-matter property that is said to be owned ala al-shuyu (i.e., in common).


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