Ethical Finance

Murabaha
In Islamic finance, Murabaha refers to a sales contract where the seller discloses the cost and profit margin to the buyer.
Shirkah
Shirkah refers to an essential concept in Islamic finance, embodying the idea of partnership and collaboration where two or more parties share profits and losses from a venture according to an agreed ratio, underscoring principles of risk-sharing and fairness.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.