{"id":21820,"date":"2015-06-17T20:08:36","date_gmt":"2015-06-17T15:08:36","guid":{"rendered":"http:\/\/www.awamipolitics.com\/?p=21820"},"modified":"2015-06-17T16:11:58","modified_gmt":"2015-06-17T11:11:58","slug":"asset-division-in-business-partnerships-shariah-islamic-law","status":"publish","type":"post","link":"https:\/\/www.awamipolitics.com\/asset-division-in-business-partnerships-shariah-islamic-law-21820.html","title":{"rendered":"Asset Division In Business Partnerships (Shariah, Islamic Law)"},"content":{"rendered":"\n

A ‘partnership’ is defined as an association of two or more persons engaged in a business for sharing profit and loss in proportion to to their initial paid-up capital. Partners are legally liable for all assests acquired in the name of the business (un less otherwise stated in the partnership agreement).<\/p>

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