Banking
Musharaka — Bank's Share of Profit
Receiving the bank's agreed share of Musharaka profits at the quarterly distribution.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Settlement Account | Asset (+) | 75,000.00 | - |
| Musharaka Income (Profit Share) | Revenue (+) | - | 75,000.00 |
💡 Accountant's Note
Musharaka profit is distributed per the agreed profit-sharing ratio — not the capital ratio. This distinction is fundamental to Shariah compliance. Losses, however, must be shared strictly in proportion to capital contributed.
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