Shirkat ul-wujooh
Copy URL

Dictionary term

Definition of "Shirkat ul-wujooh"

Shirkal ul-wujooh is a partnership with eminent people: where the partners have no investment at all. All they do is purchase the commodities on a deferred price and sell them at that spot. The profit so earned is distributed between them at an agreed ratio.

Get access to 300+ modules today and learn from expert trainers...