First National Bank Modaraba  
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Musharaka

Musharika means a relationship established under a contract by the mutual consent of the parties for sharing of profits and losses in the joint buisness. It is basically a kind of partnership in which the partners join togeather with different contributions, work or trade in accordnace with the pricipals of Sharia. It is an ideal alternative for the interest-based financing with far reaching effects on both production and distribution.