Islamic Economics: A Short History

154 chapter four

Figure 4.1: Legal Forms of Islamic Business (from El-Ashker, 1987)

Forms of business

enterprise

Sole

trader

The

institution of

partnership

Commenda enterpriseState’s

Property

partnership

Conractual -

or Comm.

partnership

Compulsory Voluntary ‘Mufawada’ ‘Inan’ Unilateral Bilateral

Spec. General mandateLimited Unlimitedmandate

Investment Labour Credit Investment Labour Credit Commercial Industrial