Decreasing participation is a form of modern Investment in Awqaf funds - A comparative study -

Abstract

The relationship between endowment and investment is organic, because investing in one aspect is a capital formation in the sense of establishing investment projects, and stopping its establishment, renewal and replacement is a process of capital formation and an investment project. The search for alternative legitimate means of riba-based financing has undoubtedly become essential in the field of investment. The decreasing participation reached by the contemporary doctrinal mentality in order to solve the problem of financing is one of the usual contracts, However, containing some special conditions made it a new version of contracts, as it is one of the tools of short-term investment such as profit and lease ending in ownership, in order to get rid of riba and other non-prohibitive behaviors. Within the scope of this contract is the bank's financing of a new project or existing project, real estate, agricultural, industrial or educational, or the purchase of productive assets, such as the purchase of an aircraft, ship or property in the face of participation, Or by establishing facilities and buildings on land owned by those who wish to participate in the declining partnership with the bank. We should therefore have identified the definition of the endowment investment, its characteristics, and its distinction from others, as well as the decreasing participation statement as a picture of investment by cessation.