Diminishing Musharakah

GPTKB entity

Statements (29)
Predicate Object
gptkbp:instanceOf Islamic finance contract
gptkbp:alsoKnownAs Musharakah Mutanaqisah
gptkbp:alternativeTo conventional mortgage
gptkbp:bankShareDecreases over time
gptkbp:basedOn partnership principle
gptkbp:commonIn gptkb:Malaysia
gptkb:Middle_East
gptkb:Pakistan
gptkbp:compatibleWith gptkb:Shariah_law
gptkbp:customerBuysShare over time
gptkbp:customerPaysRent on bank's share
gptkbp:customerShareIncreases over time
gptkbp:endsWhen customer owns 100% share
https://www.w3.org/2000/01/rdf-schema#label Diminishing Musharakah
gptkbp:involves gptkb:bank
customer
gptkbp:lossSharing between bank and customer
gptkbp:ownershipShares bank and customer
gptkbp:profitSharing between bank and customer
gptkbp:prohibits interest (riba)
gptkbp:regulates Islamic financial authorities
gptkbp:riskSharing between bank and customer
gptkbp:structureType joint ownership
gptkbp:targetUser declining partnership
gptkbp:usedFor asset acquisition
home financing
gptkbp:usedIn Islamic banking
gptkbp:bfsParent gptkb:Musharakah
gptkbp:bfsLayer 7