The relevance of joint contribution of capital to the formation of partnership in Islamic commercial law: an analysis

The Islamic legal theory pertaining to partnership venture provides an interesting example of the complex yet logical reasoning behind the formation of rules. An analysis of the rules regarding partnership capital is undertaken in the present study, with a view to understanding their relation to r...

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Main Author: Sadique, Muhammad Abdurrahman
Format: Article
Language:English
Published: International Journal of Business, Economics and Law (IJBEL) 2016
Subjects:
Online Access:http://irep.iium.edu.my/52398/
http://irep.iium.edu.my/52398/
http://irep.iium.edu.my/52398/1/52398_The%20relevance%20of%20joint.pdf
id iium-52398
recordtype eprints
spelling iium-523982017-01-09T06:13:20Z http://irep.iium.edu.my/52398/ The relevance of joint contribution of capital to the formation of partnership in Islamic commercial law: an analysis Sadique, Muhammad Abdurrahman KBP3190 Economic law KPG Malaysia The Islamic legal theory pertaining to partnership venture provides an interesting example of the complex yet logical reasoning behind the formation of rules. An analysis of the rules regarding partnership capital is undertaken in the present study, with a view to understanding their relation to rules on other areas of partnership as well as on commercial transactions in general. The study indicates that each major school of Islamic law had a distinct concept regarding the essential nature of contractual partnership, based on its approach to the relevance of joint capital and liability thereof. This concept is seen to have dictated the rules on all relevant aspects of partnership, in a coherent and logical manner. Understanding such essential concepts is vital for extending the relevance of the rules to situations newly arisen, so that the regularity and consistency of Shari‘ah rules can be maintained. International Journal of Business, Economics and Law (IJBEL) 2016-08 Article PeerReviewed application/pdf en http://irep.iium.edu.my/52398/1/52398_The%20relevance%20of%20joint.pdf Sadique, Muhammad Abdurrahman (2016) The relevance of joint contribution of capital to the formation of partnership in Islamic commercial law: an analysis. International Journal of Business, Economics and Law (IJBEL), 10 (5). pp. 46-52. E-ISSN 2289-1552 http://ijbel.com/wp-content/uploads/2016/11/IJBEL10_87.pdf
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic KBP3190 Economic law
KPG Malaysia
spellingShingle KBP3190 Economic law
KPG Malaysia
Sadique, Muhammad Abdurrahman
The relevance of joint contribution of capital to the formation of partnership in Islamic commercial law: an analysis
description The Islamic legal theory pertaining to partnership venture provides an interesting example of the complex yet logical reasoning behind the formation of rules. An analysis of the rules regarding partnership capital is undertaken in the present study, with a view to understanding their relation to rules on other areas of partnership as well as on commercial transactions in general. The study indicates that each major school of Islamic law had a distinct concept regarding the essential nature of contractual partnership, based on its approach to the relevance of joint capital and liability thereof. This concept is seen to have dictated the rules on all relevant aspects of partnership, in a coherent and logical manner. Understanding such essential concepts is vital for extending the relevance of the rules to situations newly arisen, so that the regularity and consistency of Shari‘ah rules can be maintained.
format Article
author Sadique, Muhammad Abdurrahman
author_facet Sadique, Muhammad Abdurrahman
author_sort Sadique, Muhammad Abdurrahman
title The relevance of joint contribution of capital to the formation of partnership in Islamic commercial law: an analysis
title_short The relevance of joint contribution of capital to the formation of partnership in Islamic commercial law: an analysis
title_full The relevance of joint contribution of capital to the formation of partnership in Islamic commercial law: an analysis
title_fullStr The relevance of joint contribution of capital to the formation of partnership in Islamic commercial law: an analysis
title_full_unstemmed The relevance of joint contribution of capital to the formation of partnership in Islamic commercial law: an analysis
title_sort relevance of joint contribution of capital to the formation of partnership in islamic commercial law: an analysis
publisher International Journal of Business, Economics and Law (IJBEL)
publishDate 2016
url http://irep.iium.edu.my/52398/
http://irep.iium.edu.my/52398/
http://irep.iium.edu.my/52398/1/52398_The%20relevance%20of%20joint.pdf
first_indexed 2023-09-18T21:14:15Z
last_indexed 2023-09-18T21:14:15Z
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