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
|