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Mustarsil

A buyer who does not haggle over the price (i.e., takes the price for granted). In general, a buyer acts...

Muqayadha

A mode of trading (mutajara) which involves the exchange of one asset for another without resorting to a medium of...

Majlis al-Aqd

Arabic (مجلس العقد) for contracting session or contract assembly or meeting or place. It is anywhere two parties or more...

Mudarabah Muqayyadah

An Arabic term that denotes restricted mudarabah; a mudarabah contract that is used in conjunction with restricted investment accounts (RIAs),...

Mudaraba Mutlaqa

An Arabic term that denotes unrestricted mudaraba; a mudaraba contract which is related to investment accounts in which the account...

Mithliat

Arabic (مثليات) for fungibles; items that are mutually interchangeable, i.e., the units of which are identical (in specifications/ features), and...

Madeen

Arabic (مدين) for debtor; a party (legal or natural) that owes an amount of money (in whatever form, including economic...

Makrooh

A shari'a description of (and ruling or hukm on) an act or conduct which a Muslim has to avoid or...

Makruh

A shari'a description of (and ruling or hukm on) an act or conduct which a Muslim has to avoid or...

Mubah

An Arabic term that translates as permissible or allowable or optional without any corresponding outcomes, thawab or iqab, desirable/ undesirable...