A. Application of Musharaka in Domestic Trade Al Baraka Islamic Bank of Sudan uses the technique of Musharaka to finance the sale and purchase of goods in the local (Sudanese) market. Musharaka financing of domestic trade operates in the following manner. The bank enters into a partnership agreement with the client for the sale and purchase of local goods whose specifications are given by the client. The total cost of the goods is divided between the parties and both parties agree to contribute their shares of the cost of the goods. A special Musharaka account is opened at the bank immediately after signing the contract. This specifies all the transactions pertaining to this account. It is the responsibility of the partners to arrange the purchase and sale of the goods in question. Profits are distributed as follows: an agreed percentage of the net profits are given to the client with the remainder distributed among the partners of the Musharaka agreement in the same proportion as their capital contribution. In the case of a loss, the partners bear the loss exactly in proportion to their capital contribution. What is Musharaka contract What makes Musharaka Sharia'a Compliant? Practicalities of Implementing Musharaka What are the Sharia'a Rules Concerning Musharaka