Types of Companies in Islam

(Read Company & Trade Laws Here) (Read Rules of Selling Here) There are 5 types of companies defined in Islamic Economic System: 1. The Company of Equals (Al-‘Inan): This is a type where all partners put their money into a business and all work with it. Both partners would have Continue Reading

Companies in Islam

(Read Rules of Trade / Selling Here) Being a comprehensive way of life, Islam has laid down specific laws for trading and designated various rules for when individuals come together to form a company for business purposes. Basics of a Corporate or Company The Company (Sharika in Arabic) is an Continue Reading