Musharkah (مشارکۃ)

It refers to a contract which is known as ‘partnership agreement’ in contemporary times. In it, all the terms of the agreement are mutually decided by the partners, and the contract ends on the death of a partner, retirement of a partner or if a partner wishes to end it, but through a proper agreed process. This mode is not merely restricted to two people only and all the members of it are shareholders of profit and loss according to their investments and capital.