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  • Tuesday, April 29, 2025
  • The Financial Encyclopedia
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Islamic Finance

  Islamic Finance   |   Terms
  • 534
  • April 7, 2023
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Munaqala

The process whereby a partner gives his share in a piece of real estate to another partner in exchange for the latter’s share in another piece of real estate. Munaqala (مناقلة) is typically used to consolidate ownership of dispersed properties. In this sense, it is a sale of real estate for real estate.

Munaqala is an Arabic word (derived from the verb “naqala”, i.e., to move something from one place to another.


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