An agreement (ijarah) that incorporates the sale of the leased asset (in an ijarah contract) at the end of the...

A transaction whereby a person buys an asset/commodity from a seller on the basis of deferred payment, and sells it...

An Islamic finance treasury arrangement that an Islamic bank and a counterparty enter into for the purpose of foreign exchange...

An Islamic finance alternative to option contracts (conventional options). By definition, it is a shari'ah compliant form of contract which...

Arabic (اتحاد مجلس العقد) for unity of time and place of a contracting session (majlis al-aqd). That implies that both...

An Arabic term (إباحة) that translates as permissibility (correct spelling: ibahah). It is a principle, under shari'ah, that any act...

A general shari'ah maxim that all commercial and financial activities are originally permissible by the primary sources of shari'ah, unless...

An Arabic term (إباحة) that translates as permissibility. It is a principle, under shari'ah, that any act is permitted as...

An entity that operates as part of another entity (a conventional financial institution such as a bank) solely for provision...

An entity that operates as part of another entity (a conventional financial institution such as a bank) solely for provision...