Contractual partnership has three important forms:
• capital partnership (شركة الأموال) — partnership in capital.
• services partnership (شركة الأعمال) — partnership in services or work.
• credit-based partnership (شركة الوجوه) — partnership based on commercial credit or goodwill.
This distinction will be used repeatedly in later applications. Before calculating profit or designing an exit, first identify who owns what, who works in the business and which rule governs genuine loss.
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partnership (مشاركة): Meaning, Purpose and Types
Contractual partnership has three important forms:
• capital partnership (شركة الأموال) — partnership in capital.
• services partnership (شركة الأعمال) — partnership in services or work.
• credit-based partnership (شركة الوجوه) — partnership based on commercial credit or goodwill.
This distinction will be used repeatedly in later applications. Before calculating profit or designing an exit, first identify who owns what, who works in the business and which rule governs genuine loss.