This entry examines the historical origins and conceptual evolution of the notion of corporation in Islamic law, in accordance with contemporary economic paradigms. A corporation is both an economic partnership and a structure functioning as a legal entity. The history of economic partnership is as ancient as human history. Different forms of partnerships were present in Assyrian trade colonies beginning in the eighteenth century BC and in Ancient Greece, Phoenicia, and Rome. The inherited partnership known as a consortium in Roman law is seen as the precursor to contemporary partnership frameworks. The concept of legal personality, which refers to a collective of individuals or assets designated for a specific purpose and acknowledged by law as possessing rights and obligations, further delineates the legal framework of a corporate entity. Various methodologies exist regarding legal personality in Islamic jurisprudence. Despite the historical perception that the establishment of legal entities for commercial purposes was inconceivable within the moral framework of Islamic society, contemporary Islamic jurists assert that legal personality does not present intellectual challenge. The evolution of the concept of a corporation is intricately linked to commercial law. In the 2000s, the Code of Hammurabi clearly governed corporate ties. Shirkah, which delineates the economic partnership framework in Islamic civilization and is recognized as an interest-free financing alternative in contemporary economies, serves as the mechanism for the distribution of money and the allocation of profits and losses between partners. Islamic law classifies organizations into three primary categories: property companies, ibaha companies, and contract firms. Contracting firms are classified into distinct subcategories according to capital, labor, and reputation.