MUSHARAKAH
An Islamic principle that refers to a joint enterprise or partnership structure with gain or loss sharing implications that is utilized, instead of interest-bearing loans. Each party involved is allowed to take part in the profits and risks. Instead of charging the interest as a creditor of the loan, the financier will attain a return in the form of a section of the actual profits earned, based on a preset ratio. Unlike a conventional creditor, the financial will also suffer any losses made in the business.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | Mid-Year Economic and Fiscal Outlook | ||
| 02:01 | Rightmove House Prices | Dec | |
| 04:00 | Fixed Asset Investment | Nov | |
| 04:00 | Industrial production | Nov | |
| 04:00 | Retail Sales | Nov | |
| 04:00 | Unemployment Rate | Nov | |
| 04:00 | NBS Press Conference | ||
| 06:30 | Tertiary Industry Index | Oct | |
| 09:00 | Wholesale Price Index | Nov |
