Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Two partners namely, Bakri and Ramli wants to formed a BARA & friends clinic by contributed RM10,000 and RM15,000 respectively. Bakri will be the active
Two partners namely, Bakri and Ramli wants to formed a BARA & friends clinic by contributed RM10,000 and RM15,000 respectively. Bakri will be the active partner and manage the partnership. They agreed to share the profit according to a ratio 60:40. What is the contract that permitted under Islamic finance and what is the mechanism of the contact?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started