Mudharabah is one of the most widely quoted operating principles in Islamic
banking. For Islamic financial institutions, mudharabah is a partnership agreement between
at least two parties, that are a lender (sahib al-mal) and an agent manager (mudharib). This
contract has great benefits and play an important role for human life. Mudharabah role in
the development of Islamic economics is very important because it can improve the
economic welfare of the people by empowering them. Mudharabah also connect the surplus
unit who act as financier with the deficit unit who act as the manager. The surplus unit is
the parties excess funds but do not have the expertise to develop such funds, while deficit
unit is the parties who need funding but has expertise or access to business development
