Real Estate Financing
Musharaka
Short Definition
Partnership between bank and customer in property ownership, customer gradually pays bank until full property ownership, Islamic formula.
In Other Languages
Arabic
المشاركة المتناقصة
شراكة بين البنك والعميل في تملك العقار، يدفع العميل تدريجياً للبنك حتى يتملك العقار بالكامل، صيغة إسلامية.
English
Musharaka
Partnership between bank and customer in property ownership, customer gradually pays bank until full property ownership, Islamic formula.
Turkish
Musharaka
Mülk sahipliğinde banka ve müşteri arasında ortaklık; müşteri tam mülkiyete kadar bankaya kademeli öder, İslami formül.