Shari'a Criteria for Distribution of Loss and Profit Ratios in the Company's Memorandum of Association Comparative Jurisprudence Study
Publication Type
Original research
Authors
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Abstract

Shari'a Criteria for Distribution of Loss and Profit Ratios in the Company's Memorandum of Association
Comparative Jurisprudence Study

Ayman Mustafa Hussein Dabbagh

This research aims to answer the question: What are the Shari'a standards that partners must abide by when they agree on the distribution of loss and profit ratios among them in the Company's Memorandum of Association? The research followed inductive and analytic approach, through tracking views and argument of Islamic jurists, accompanied with discussion and analysis. The search was divided into eight sections dealing with views and argument of Islamic jurists, concerning criteria for loss and profit ratios in the nominate companies they had known. The research arrived at different findings, the most important were; The loss is related to capital, and is distributed among partners presented the capital according to their contribution rates to the capital. And that the determination of profit rate -for any partner- is left to the partners’ agreement provided that if the share of a partner is works only, or capital and works.

Journal
Title
المجلة الأردنية في الدراسات الإسلامية جامعة آل البيت عمان، الأردن
Publisher
المجلة الأردنية في الدراسات الإسلامية جامعة آل البيت عمان، الأردن
Publisher Country
Jordan
Publication Type
Prtinted only
Volume
--
Year
2018
Pages
42