Shariat tomonidan ruxsat etilgan shartnomalardan biri shirkat shartnomasidir. Agar shirkat ikki kishidan iborat bo‘lsa, sheriklardan birining vafot etishi, aqldan ozishi yoki muomala layoqatiga ega emasligi e’lon qilinib, vasiylik ostiga olinishi bilan bu shartnoma bekor bo‘ladi. Sheriklardan biri tomonidan shirkatning bekor qilinishi to‘g‘ri hisoblanadi, chunki bu ruxsat etilgan shartnoma bo‘lib, u xuddi vakolat (al-Vikala) kabi bekor qilinadi. Agar sheriklardan biri voyaga yetgan merosxo‘r qoldirib vafot etsa, u shirkatni davom ettirish huquqiga ega bo‘ladi, bunda uning sherigi unga shirkatda tasarruf qilishga ruxsat berishi kerak. Biroq u shirkatni bekor qilishni talab qilish huquqiga ham ega. Agar sheriklardan biri shirkatni bekor qilishni talab qilsa, boshqa sherik bu talabni qabul qilishi shart. Agar sheriklar ikkidan ko‘p bo‘lib, ulardan biri shirkatni bekor qilishni talab qilsa, qolganlari esa shirkatni davom ettirishni xohlasa, mavjud shirkat bekor qilinadi va qolgan sheriklar o‘rtasida qayta tuziladi. Biroq mudoraba shirkati bilan boshqa turdagi shirkatlar o‘rtasida bekor qilish borasida farq bor. Mudoraba shirkatida, agar ishchi (mudorib) shirkatni sotishni, mudorabni taqsimlashni talab qilsa, ishchining talabi qabul qilinadi, chunki uning huquqi foydadadir va u faqat sotish orqali ma’lum bo‘ladi. Ammo boshqa turdagi shirkatlarda, agar bir sherik taqsimlashni, boshqasi esa sotishni talab qilsa, sotish emas, balki taqsimlash talabi qabul qilinadi.

The company contract is one of the contracts which is allowed by Shar’a. It becomes void by the death of any partner or his becoming insane or if He was declared incompetent and put under guardianship, if it is a company consisting of two persons. Dissolution of the company by one of the two partners is valid because it is a permissible contract, which is annulled in the same way as deputation (Al-Wikala). If one of the partners dies leaving behind a mature inheritor, He has the option to continue with the company and his partner has to permit Him to dispose (Tassaruf) in the company. However, He also has the option to demand dissolution of the company. If one of the partners demands dissolution of the company then the other partner must accept his request. If they were more than two partners, and one of them demanded the dissolution of the company and the rest were happy to continue with the company, then the existing company would be dissolved and renewed between the remaining partners. However, there is a difference between the Mudharaba company and the other types of companies regarding the dissolution. In the Mudharaba company, if the worker demanded the sale of the company and the Mudharib demanded division, then the demand of the worker will be accepted because his right is in the profit which will not be known except when selling. However, in the other types of company, if one partner demanded division and the other demanded sale of the company, the demand of division is accepted rather than that of sale.