Islamic Profit Sharing
|
What is Islamic Profit Sharing ? There are several other approaches used in business trade. Islamic banks lend their money to individuals by issuing floating rate interest loans. The floating rate of interest is pegged to the company's individual rate of return. Thus the Islamic bank's profit on the loan is equal to a certain percentage of the company's profits. Once the principal amount of the loan is repaid, the profit-sharing arrangement is concluded. This practice is called Musharaka and is Halal.  Words of Wisdom -
Good
Intention and naive doesn't mean HALALA must know for a excited and ambition Halalpreneur before emabarking to the trade of Halal. Remember : Exploring Halal, Understanding Halal, Knowing Halal, Perceiving Halal, Exercising it and lastly Practise Halal. Be HALALPRENEUR Eat HALALICIOUS 
|
