Musharaka is our flexible diminishing partnership model. [cite_start]It is not a loan; rather, you and Manzil enter into a legal partnership to co-own a property [cite: 202, 203][cite_start].
- Forming the Partnership: At closing, both you and Manzil contribute equity and our initial ownership stakes are set [cite: 205][cite_start].
- Gradual Ownership: You make regular monthly payments to gradually purchase Manzil's share [cite: 206][cite_start].
- Property Title: The title is held by you on behalf of the partnership through a nominee agreement[cite: 208].
