• In partnership (مشاركة), the financier owns the imported goods to the extent of his investment ratio.
• The importer owns the remaining share according to his investment.
• This ownership is real, not merely a security label.
• Profit and risk therefore arise from actual participation in the goods.
The ownership must be real rather than only documentary. Rights, benefits and the relevant ownership risk should follow the share actually owned at that stage.
Opening interactive controls...
Transaction and Working-Capital Financing
• In partnership (مشاركة), the financier owns the imported goods to the extent of his investment ratio.
• The importer owns the remaining share according to his investment.
• This ownership is real, not merely a security label.
• Profit and risk therefore arise from actual participation in the goods.
The ownership must be real rather than only documentary. Rights, benefits and the relevant ownership risk should follow the share actually owned at that stage.