Syedna Aali Qadr Mufaddal Saifuddin TUS states;
"Partnership should be according to the tenets of Shariat Mohammediyah."
Partnership according to Shariat Mohammediyah
Before engaging in Economic activity, a mumin needs to first understand the principles of Shariat Mohamadiyah, the guiding principles based on the tenets and canons found in Baab ul Buyoo of Da’aim al Islam. A partnership is an agreement formed between two or more individuals to pool their money, skills or other resources with the intent to share in the profit and loss of a particular venture.
Two types of Partnership
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Teachings from the Idara
The idaara teaches mumineen to maintain a good working relationship with each other and maintain trust and transparency during Partnership.
Formation, Raza and Registration
Share of Ownership and Capital Investment
Liabilities and Debt
Dissolution of the Partnership
Sharing of Profit & Loss
Rights and Decision Making
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