Musharakah is a joint venture in which all partners share the profit or loss of the joint venture. [22] The two (or more) parties that contribute capital to a company will share the net result on a pro rata basis. Some scientific definitions include: “Association agreement provided that the capital and its benefits are common between two or more persons”, (Mecelle)[23] “An agreement between two or more persons to carry out a specific activity in terms of profit-sharing through joint investments” (Ibn Arfa), [24] “A contract between two persons who create a company of the financial enterprise; to make a profit” (Muhammad Akram Khan). [25] Performance-based agreements, such as berantai RSC, focus more on production and recovery rates than production sharing contracts advocated by oil companies. Potential investor groups could be for-profit companies, altruistic nonprofit organizations, alumni groups, educational institutions, and local, state, or federal governments. [3] Profits and losses divided into PLS are those of a company or person who received capital from the Islamic Bank (the terms “debt”, “credit”, “loan” and “lender” are not used). . . .