Shirkah al-Aqd refers to a partnership in Islamic finance where two or more parties come together to conduct a business venture. Each partner contributes capital or resources and shares in the profits and losses according to their agreed-upon terms. This type of partnership is based on mutual consent and is governed by Islamic principles, ensuring fairness and transparency. In Shirkah al-Aqd, the partners have specific roles and responsibilities, which are outlined in a contract. This contract helps prevent disputes and clarifies how profits will be distributed. The partnership can be temporary or long-term, depending on the goals of the partners involved.