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  • Tuesday, April 29, 2025
  • The Financial Encyclopedia
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Husnul Qadaa

The gracious repayment or settlement of loan/debt (qard). That means repaying a loan in excess of the principal (face value,...

    Hiwalah

    In relation to debts (duyun), hiwalah refers to the transfer/ assignment of debt from one party (the transferor/ assignor, or...

      Hybrid Sukuk

      A type of sukuk structure in which the underlying pool of assets consists of two or more Islamic finance contracts. For example,...

        Hila

        A ruse/ trick/ stratagem that is used in commercial or financial transactions as a means to circumvent the basic prohibitions...

          Hilah

          A ruse/ trick/ stratagem that is used in commercial or financial transactions as a means to circumvent the basic prohibitions...

            Hiba

            A method of possession transfer whereby an asset (or any form of wealth) is gifted to another party for free-...