Sharīʿah appraisal on the issue of imposing burden of proof to the entrepreneur in trust based contracts

• Main Authors: Mohamed Naim, Asmadi, Long, Muhamad Noor Habibi, Abu Bakar, Mahyuddin, Md Hussain, Muhammad Nasri
• Format: Article
• Language: English
• Published: Emerald Group Publishing Limited 2016
• Subjects: BP Islam. Bahaism. Theosophy, etc; HG Finance
• Online Access: http://repo.uum.edu.my/19199/1/JIABR%20%207%20%202%20%202016%20148-169.pdf; http://repo.uum.edu.my/19199/; http://doi.org/10.1108/JIABR-03-2015-0009

Purpose – The purpose of this paper is to examine the Shariah view on the legitimacy of requiring the entrepreneur to prove that he/she has complied with all business requirements in case the actual profit was below the expected profit in trust-based contracts such as mudarabah and musharakah. Desi...