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
Platidiam
- An inorganic water-soluble platinum complex. After undergoing hydrolysis, it reacts DNA produce both intra interstrand crosslinks. These crosslinks appear to impair replication and transcription of DNA. The cytotoxicity cisplatin correlates with cellular arrest in G2 phase cell cycle.