by Nik Erman | Oct 3, 2025 | Business, Featured, Law
The Hidden Costs of a Failed Business Partnership: Reputation, Time, Emotional Well-being, and Peace of Mind When a business partnership collapses, the immediate focus often centers on financial losses—unpaid debts, lost investments, or shuttered operations. However,...
by Nik Erman | Jan 30, 2025 | Business, Contracts, Featured, Law
The concept of no interest involvement is a cornerstone of Islamic finance and is particularly significant in the context of a Mudarabah agreement. In Islamic economics, the prohibition of interest (known as riba) is based on the belief that money itself should not...
by Nik Erman | Jan 30, 2025 | Business, Contracts, Featured, Law
A Mudarabah agreement is a form of Islamic finance partnership where one party provides capital (the Rabb-ul-Mal or investor) and the other party provides expertise and management (the Mudarib or entrepreneur). The profits are shared according to a pre-agreed ratio,...
by Nik Erman | Feb 13, 2023 | Business, Contracts, Featured, Law
A lot of businesses see lawyers as additional and unnecessary costs; most choose to look for lawyers only when there is a problem. This view is dangerous and poses serious risks to your business. A successful & sustainable business incorporates and invest in legal...
by Nik Erman | Feb 13, 2023 | Business, Contracts, Featured, Law
Does it make sense to hire a Commercial Lawyer before you start your business? Yes, it makes sense to hire a lawyer before starting a business. Hiring a lawyer at the beginning of the process can help to ensure that the business is set up properly from the outset and...
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