Which of the following makes mudaraba different from a musharaka contract? I. Capital contribution II. Loss sharing
Question:
Which of the following makes mudaraba different from a musharaka contract?
I. Capital contribution II. Loss sharing III. Profits shared in pre-agreed ratio IV. Management participation
a. I, II, and IV
b. I and IV only
c. All the above
d. II and IV only
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The answer is b I and IV only First lets explain what Mudaraba and Musharaka contracts are in Islami...View the full answer
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Related Book For 
Principles Of Islamic Accounting
ISBN: 9781119023296
1st Edition
Authors: Nabil Baydoun, Maliah Sulaiman, Roger J. Willett, Shahul Ibrahim
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