The Contracted Company Through Full Ownership Or Participation Between Permissibility And Prohibition

Authors

  • Saleem Abd Aldaem Ebshina Department of Sharia and Law, Faculty of Sharia and Law, Al-Asmariya University, Zliten, Libya Author

DOI:

https://doi.org/10.58916/alhaq.v13i1.436

Keywords:

Diminishing partnership, – permissibility – prohibition, binding promise – sale

Abstract

The diminishing partnership contract is regarded as one of the contemporary investment structures suitable for the nature of Islamic banks, as it offers an alternative mode of financing in place of interest-based lending. For this reason, it was approved by the International Islamic Fiqh Academy in its Resolution No. (136/5/2) of 2004.

It is likewise permitted under the Libyan Commercial Law No. (23) of 2010 in Articles (65, 12, 6).
It is also not prohibited under the Islamic Banking Law No. (46) of (2012), specifically in Article (100) repeated (4, 3).

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Published

2026-01-13

How to Cite

Saleem Abd Aldaem Ebshina. (2026). The Contracted Company Through Full Ownership Or Participation Between Permissibility And Prohibition. Al-Haq Journal for Sharia and Legal Sciences, 13(1), 113-120. https://doi.org/10.58916/alhaq.v13i1.436

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