Profits realised beyond a ceiling being exempted from sharing in joint equity based facilities of Islamic banks
Customarily, joint equity ventures embarked on by Islamic banks define the profit shares accruing to the partners as a ratio of the total profit realisable through the venture. This is due to the fundamental principle that profit division should necessarily be based on a stipulated ratio. However,...
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| Format: | Conference or Workshop Item |
| Language: | English |
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Zes Rokman Resources
2018
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| Online Access: | http://irep.iium.edu.my/69216/ http://irep.iium.edu.my/69216/ http://irep.iium.edu.my/69216/1/69216_Profits%20realised%20beyond%20a%20ceiling.pdf |