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Murabaha

Arabic (مرابحة) for an Islamic mode of trading and financing which constitutes an absolute sale, i.e. the sale of “asset...

Mudarib

Arabic (مضارب) for the labor provider/ worker in a contract of mudaraba. Labor or work includes entrepreneurship, management, and investment...

Mal Qimi

An Arabic term (مال قيمي) that translates non-fungible items of wealth or valuables (mal). Mal qimi is a category of...

Mal Mithli

Arabic (مال مثلي) for fungible items; items (amwal- pl. of mal) that are mutually interchangeable or replaceable, i.e., the units...

Mal Ribawi

Arabic (مال ربوي) for any kind of wealth or property (mal) that is inherently susceptible to riba. Traditionally, mal ribawi...

Murabaha Master Agreement

A contractual framework which governs a murabaha transaction in which there are several objects (assets/ commodities) in several contracts between...

Murabaha Receivables

The short-term and long-term receivables to a murabaha seller (such as an Islamic bank) for commodities sold on credit (open...

Musharakah

A partnership mode of Islamic finance in which partners contribute equal or unequal ratios of capital, management skills, goodwill or...

Musharaka Sukuk

Certificates of equal value (sukuk) that are issued for the purpose of investing the mobilized funds of musharaka for establishing...

Muzara’a

Arabic (مزارعة) for sharecropping; a partnership (musharaka/ sharika) in crops whereby one party (land owner) presents a piece of land...