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Muratalah

According to Maliki school, it is a trade or exchange of money for money (coins for coins) of the same...

Mukhabarah

Arabic (مخابرة) for sharecropping whereby a plot of land is rented for part of its yield (ghallah). It is a...

Mukhabara

Arabic (مخابرة) for sharecropping whereby a plot of land is rented for part of its yield (ghalla). It is a...

Mustahabb

A shari’a classification of hukum (or hukm) which includes all virtuous , recommended, or desirable actions whose fulfillment is rewarded...

Mandub

A shari’a classification of hukum (or hukm) which includes all virtuous , recommended, or desirable actions whose fulfillment is rewarded...

Mawsuf fi al-Zhimmah

Transliteration for Arabic term "موصوف في الذمة"; a description for a clearly defined and specified subject matter of a contract...

Mawsufah fi al-Zhimmah

Transliteration for Arabic term "موصوفة في الذمة"; a description for a clearly defined and specified subject matter of a contract...

Murabaha Fund

An Islamic investment fund which derives its income from purchasing commodities on behalf, and for the benefit of, clients. The...

Mudaraba

One of the essential modes of profit/ loss-sharing in Islamic finance, which is based on the concurrence of capital providers...

Madeen Mumatel

Arabic (مدين مماطل) for procrastinating debtor; a debtor (madeen) who is solvent but refuses to pay a debt (dain/dayn) at or...