Jammaj
A jammaj or gammaj (Arabic: جمّج, IPA: /ʒam.maʒ/, Egyptian pronunciation: [gæm.mæg], Levantine pronunciation: [ʒɛm.mɛʒ]; an abbreviation of جماعة مجهولة jamāʿah majhūlah, lit. anonymous society) is a corporation limited by share ownership under the corporate law of the Arab Union. Most commonly thought of as a simple public company, it is the second most common type of business entity in the Arab Union, after the shamḥ (private company). What distinguishes a jammaj from a shamḥ is that parties to a jammaj are only liable up to the capital they invested in a given venture, and are legally permitted to pull out at any time (along with the percentage owed on any capital accrued thus far based on their original investment portfolio). In the Arab Union, all non-state-owned entities also not owned by a single person are incorporated as a jammaj.
