Encyclopedia of Jews in the Islamic World

Get access

Partnership, commercial/industrial
(596 words)

Commercial and industrial partnerships (Ar. shirka; Med. Heb. shutafut) were the primary form of economic cooperation in the lands of medieval Islam. Classical Islamic and Jewish legal sources and documents from the Cairo Geniza reveal the breadth of the partnership arrangements employed throughout the Middle Ages. Partnerships had many economic functions. In addition to being a vehicle for craft production in which both partners would contribute investment capital as well as physical effort, partnership bypassed the traditional prohibition on granting…

Cite this page
Phillip Ackerman-Lieberman, “Partnership, commercial/industrial”, in: Encyclopedia of Jews in the Islamic World, Executive Editor Norman A. Stillman. Consulted online on 29 January 2023 <http://dx.doi.org/10.1163/1878-9781_ejiw_SIM_000118>
First published online: 2010

▲   Back to top   ▲