MUSHARKA
\mˈʌʃɑːkə], \mˈʌʃɑːkə], \m_ˈʌ_ʃ_ɑː_k_ə]\
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Instead of having a lender-debtor relationship, this specific type of Islamic financial arrangement is for building a business partnership. Each party takes part in the new business's profit and risk. Rather than earning from the interest charged from a loan, The lender will gain profit from the business' success. Also spelled musharakah.
By Henry Campbell Black
Word of the day
Diabetic Ketosis
- Complication diabetes from severe insulin deficiency coupled with an absolute or relative increase in concentration. metabolic acidosis is caused by breakdown of adipose stores and resulting increased levels free fatty acids. Glucagon accelerates the oxidation acids producing excess ketone bodies (ketosis).