an Investment partnership, where capital is provided to one party/entrepreneur (the Mudarib) by an investor (the Rab ul Mal) in order to undertake a business or investment activity
Quick definition: investment partnership. This is the financial partnership between the investor (Rab ul Mal) and another party (Mudarib). The contract will set out how profits will be shared, and losses are absorbed by the rab ul mal. The mudarib will lose some of the income they were expecting as a result.
a form of partnership where one party provides the funds while the other provides expertise and management. The latter is referred to as the Mudarib. Any profits accrued are shared between the two parties on a pre-agreed basis, while loss is borne by the provider(s) of the capital.