(pp.89-95) F. A. Al Maddah ‘Islamic finance and the concept of profit and risk sharing’, MEJELSD, Vol. 1, No. 1, 2017.

22nd September 2017

Fatemah A. Al Maddah Legal Advisor, Jeddah, Saudi Arabia E-mail: fatmah.almaddah@gmail.com Purpose: This paper introduces Islamic partnership structures as an alternative to conventional debt contracts. It specifically addresses the situation of entrepreneurs seeking funding from banks. The Islamic principle of profit and risk sharing, emphasised in Islamic partnership structures, is discussed in detail as it [more details]