Shirkah refers to partnership in Islamic commercial law. There are two main types: shirkah al milk which is joint ownership of property, and shirkah al 'aqd which is a joint commercial enterprise where partners share capital and profit. Mudharabah is a specific type of partnership where one partner provides capital to another to invest in a business venture. The capital provider shares profit according to a profit ratio but bears any losses. Double mudharabah allows the capital from one mudharabah partnership to be invested in another mudharabah contract.

1. SHIRKAH

4. Shirkah al milk Shirkah al ‘aqd COMMERCIAL PARTNERSHIP FINANCE al-amwal WORK al-a‘mal CREDIT- WORTHINESS al-wujooh SHIRKAH JOINT OWNERSHIP COMMERCIAL PARTNERSHIP

10. MUDHARABAH

20. Bank Syariah (Shahibul Maal) KEUNTUNGAN BAGI HASIL Mengikut contribution of capital (nisbah) MODAL Nisbah X % Nisbah Y% SKEMA MUDHARABAH 4 1 2 2 3 3 Pelanggan ( Mudharib) Ansuran/sekaligus Proposal Projek/Usaha Tenaga/Keahlian Modal 100% Pengembalian Modal Pokok

22. CONTOH PEMBIAYAAN MUDHARABAH En. Ahmad memiliki gudang perniagaan gula untuk dihantar kebeberapa pasaraya dan restoran dengan mendapat hasil RM50,000 sebulan dan berazam untuk menambah modal kepada RM250,000. Untuk meningkatkan volume, usaha hingga mencapai hasil yang diharapkan sebanyak RM75,000 sebulan. Bank Islam telah membantu En. Ahmad untuk menyelesaikan masalah diatas dengan bersetuju untuk memberi pembiayaan Mudharabah (assuming the profit expectation 20% for Bank Islam)

23. Perhitungan Bank : - Pembiayaan dari Bank : RM.250 juta - Keuntungan diharapkan Bank : 20% x RM250,000 = RM50,000 atau RM600,000 setahun. - Hasil usaha selama 1 thn : RM75,000 sebulan x 12 bln : RM900,000 setahun. - Maka nisbah bagi hasil Bank : RM600,000/ RM900,000 : 66,67% - Nisbah bagi hasil En.Ahmad : 33,33% Lanjutan.......