Certificates of equal value (sukuk) which are issued and sold to investors (as owners or bearers) who, by virtue thereof,...
A type of ijarah which involves the sale of a clearly specified underlying asset, which is currently being produced or...
A type of ijarah contract in which the underlying usufruct (manfa'ah) is a person’s work, effort, expertise, etc. According to...
A Shari’a-compliant reference rate for the cost of funding in Islamic money markets. Islamic finance prohibits interest (riba) and shuns...
A shari'a-compliant credit card which provides a revolving credit facility within a credit limit and during a credit period determined...
An ijarah contract whose underlying is an unidentified unit of asset that will be leased at a future date. It...
A credit default swap (CDS) that is structured to be permissible by shari'ah. It is based on some shari'ah-compliant underlyings...
The use of coercion to force someone to do something without his/ her consent (ridha). Coercion or duress or compulsion...
A type of ijarah contract in which the underlying usufruct (manfa'ah) is a person’s work, effort, expertise, etc. According to...
A type of ijarah contract which has the usufruct of assets and properties (a'yan) as underlying. In this particular meaning,...