Running Musharakah Product of Islamic Banks: An Alternative of Running Finance

  • Journal Editor Al-Idah Shaykh Zayed Islamic Centre, University of Peshawar
  • Dr. Muhammad Mushtaq Ahmed
  • Dr. Muhammad Farooq
  • Muhammad Arsalan
Keywords: Islamic Banking, Running Musharakah, Running Finance, Working Capital

Abstract

Islamic banking system is growing day by day. The new era of Islamic banking is very successful as new products are being introduced by Islamic banks to cater the demands of customer under Shariah guidelines, there was demand of a product for working capital as an alternative to the conventional product of running finance. Running Musharakah Product has been introduced as substitute to Running Finance Product. In this paper the concept of Running Finance as well as Running Musharakah is described, the practical steps of running Musharakah are also illustrated to examine the viability of the product.

Published
2019-06-06
How to Cite
[1]
Al-Idah, J.E., Dr. Muhammad Mushtaq Ahmed, Dr. Muhammad Farooq and Muhammad Arsalan 2019. Running Musharakah Product of Islamic Banks: An Alternative of Running Finance. Al-Idah . 33, - 2 (Jun. 2019), 8 - 17.
Section
Articles