In services partnership (شركة الأعمال), partners combine their services. Two tailors, for example, may take customer work jointly, pool the fees and divide them by an agreed ratio.
In credit-based partnership (شركة الوجوه), partners may begin without cash capital. They use their commercial standing to buy goods on deferred payment, sell them for cash and share the resulting profit.
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partnership (مشاركة): Meaning, Purpose and Types
In services partnership (شركة الأعمال), partners combine their services. Two tailors, for example, may take customer work jointly, pool the fees and divide them by an agreed ratio.
In credit-based partnership (شركة الوجوه), partners may begin without cash capital. They use their commercial standing to buy goods on deferred payment, sell them for cash and share the resulting profit.