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Finance by Musharaka
It’s an Islamic finance in which IBS provides the required finance to its partners to conduct business where two parties share profit according to specified ratio while loss is shared according to ratio of the contribution
Equity Participation Musharaka
Under this type of finance, the partnership between IBS and the client is fixed for a long time and the bank continues to receive its equivalent dividend until the end of the contract. Neither parties can dissolve the partnership. Profits earned are mainly through capital gains by purchasing shares and selling them.
Working Capital Musharaka
Its type of finance in which IBS enters partnership with another partner for a specified period of time and continues to receive its dividend. All liquid and non-liquid assets of the business are evaluated and the profits are to be distributed on the basis of this evaluation.
Musharaka Mutanaqisah (Diminishing Musharaka)
In Diminishing Musharaka, the bank’s share is divided into units and the customer purchases units of the share one by one increasing his own share unit until he becomes the sole owner of the property.
Murabaha is a type of transaction where the cost of acquiring the commodity or goods and profit to be added are disclosed to the client. It’s also known as cost plus mark-up.
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