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Cash Realizable Value

The amount that a company expects to realize in cash (naqd) or cash equivalent (ashbah al-naqd) as payment from customers…

Capital Provider

The provider of funds in a contract of mudaraba. The capital provider (in Arabic rab al-mal) hands over mudaraba capital…

Capital of Sharika

Partners in a sharika should contribute capital in the form of cash or cash equivalents based on which the amount…

Commercial Paper

Tradable and negotiable, money-market certificates that represent pecuniary rights payable at sight or a after a short period of time....

Charitable Wakaf

A type of wakaf (waqf) whose proceeds are used to serve a specific group of individuals (beneficiaries) such as students,...

Charitable Waqf

A type of waqf whose proceeds are used to serve a specific group of individuals (beneficiaries) such as students, travelers...

Collateralized Murabaha

A type of murabaha (cost-plus sale) which is secured by an issue of sukuk as collateral. It provides an alternative...

Cooling-Off Option

An option (khiyar/ khayar) which gives one party or both parties to the contract (aqd) or a third party the...

Carrying Amount

The amount at which an asset is recorded and recognized in the books of an institution. This amount excludes accumulated...

Collateralization of Murabaha

The process of securing murabaha by posting- or requiring the posting of- some type of collateral such as an issue...