Profit and Loss Sharing

GPTKB entity

Statements (20)
Predicate Object
gptkbp:instanceOf Islamic finance concept
gptkbp:alsoKnownAs gptkb:PLS
gptkbp:appliesTo Islamic banking
Islamic finance
gptkbp:basedOn risk sharing
gptkbp:contrastsWith fixed interest lending
gptkbp:emphasizes equitable distribution of profits and losses
https://www.w3.org/2000/01/rdf-schema#label Profit and Loss Sharing
gptkbp:involves gptkb:investor
entrepreneur
gptkbp:objective promote fairness in financial transactions
gptkbp:prohibits interest (riba)
gptkbp:regulates gptkb:Islamic_law_(Sharia)
gptkbp:relatedTo gptkb:Mudarabah
gptkb:Musharakah
gptkbp:requires transparency
mutual consent
gptkbp:usedIn Sharia-compliant contracts
gptkbp:bfsParent gptkb:Islamic_Banking
gptkbp:bfsLayer 8