The structure may contain joint ownership, leasing (إجارة), a promise to purchase, and later actual sales of ownership units. Each component must be valid in its own right; the whole arrangement cannot be treated as one disguised loan with a fixed return.
The essential idea is gradual transfer of real ownership. Every payment should therefore be understood according to its true function—rent, profit share or purchase price—rather than treating all payments as one undifferentiated installment.
Opening interactive controls...
Diminishing Partnership (المشاركة المتناقصة): The Core Idea
The structure may contain joint ownership, leasing (إجارة), a promise to purchase, and later actual sales of ownership units. Each component must be valid in its own right; the whole arrangement cannot be treated as one disguised loan with a fixed return.
The essential idea is gradual transfer of real ownership. Every payment should therefore be understood according to its true function—rent, profit share or purchase price—rather than treating all payments as one undifferentiated installment.