• Under the Hanafi view, no fixed 50% threshold is required.
• Non-liquid assets may be below 50%, provided they are not negligible and the pricing rule is observed.
• Many contemporary scholars, including Shafi‘i scholars, allow trading the whole mixed unit when non-liquid assets exceed 50%.
• More than 50% non-liquid assets therefore provides broader cross-school acceptability.
Do not treat 50% as the Hanafi minimum; it belongs to the broader contemporary cross-school approach described here.
Opening interactive controls...
Securitization of partnership (مشاركة)
• Under the Hanafi view, no fixed 50% threshold is required.
• Non-liquid assets may be below 50%, provided they are not negligible and the pricing rule is observed.
• Many contemporary scholars, including Shafi‘i scholars, allow trading the whole mixed unit when non-liquid assets exceed 50%.
• More than 50% non-liquid assets therefore provides broader cross-school acceptability.
Do not treat 50% as the Hanafi minimum; it belongs to the broader contemporary cross-school approach described here.