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Islamic Finance

  Islamic Finance   |   Terms
  • 1668
  • February 6, 2021
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Musaqat

A partnership (sharikah) in which one party presents designated plants/ trees that produce edible fruits to another party (irrigating worker- musaqi or saqi) who undertakes irrigation works in consideration for a common, defined share in the fruits. In essence, musaqat is a form of mudarabah which is confined to irrigation activities.

Musaqat, or also musaqa or musaqah is Arabic (مساقاة) for working in irrigation or irrigation contract (aqd al-musaqat).


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