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Al-Muratalah

According to Maliki school, it is a trade or exchange of money for money (coins for coins) of the same...

Al-Naqd wa Ashbah al-Naqd

An Arabic term that denotes cash and cash equivalents. This refers to the monetary assets that are held by an...

Absolute Sale

A sale (ba'i) that involves the exchange of an asset for specified monetary units (the price). With respect to the...

Al-Fadala

In Islamic fiqh, fadala (or fadhala), الفضالة, refers to the act(s) of al-fodhouli (al-fuduli), i.e., a person (natural or legal)...

Al-Fadalah

In Islamic fiqh, fadalah (or fadhalah), الفضالة, refers to the act(s) of al-fodhouli (al-fuduli), i.e., a person (natural or legal)...

Al-Kharaj bid Daman

A shari'a maxim which bases the entitlement to revenue on corresponding liability for bearing losses (khasara), or the so-called daman....

Al-Kharaj bid Dhaman

A shari'a maxim which bases the entitlement to revenue on corresponding liability for bearing losses (khasara), or the so-called dhaman....

Al-Kharaj bil Dhaman

A shari'a maxim which bases the entitlement to revenue on corresponding liability for bearing losses (khasara), or the so-called dhaman....

Al-Kharaj bil Daman

A shari'a maxim which bases the entitlement to revenue on corresponding liability for bearing losses (khasara), or the so-called daman....

Al-Ghunm bil Ghurm

A shari'a maxim which bases the legitimization of earning profit on the condition of risk-sharing and engaging in a business...