The Hanafi approach described does not require one fixed percentage of illiquid assets. Instead, two conditions are emphasized.
First, the illiquid portion must not be trivial or negligible. Second, the sale price of the share must be higher than the amount of cash represented inside that share, so that some part of the price can genuinely be attributed to the non-cash assets.
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Equity Investment: When Are Shares Tradable?
The Hanafi approach described does not require one fixed percentage of illiquid assets. Instead, two conditions are emphasized.
First, the illiquid portion must not be trivial or negligible. Second, the sale price of the share must be higher than the amount of cash represented inside that share, so that some part of the price can genuinely be attributed to the non-cash assets.