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Subject(s): Dissertations, Academic -- Department of Fiqh and Usul al-Fiqh -- IIUM | Musharakah Summary: This research analyses the concept of tanazul and its application in musharakah based Ṣukuk from the Shariah perspective. The main issue is the adoption of tanazul in the Ṣukuk Musharakah structuring to offer a feature similar to convent