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Sale on Credit

A type of sale (ba'i/ bay') in which the delivery of the object of sale (a commodity) takes place at...

Sukuk al-Musaqat

Arabic (صكوك المساقاة) for a type of sukuk al-musharakah; sukuk al-musaqat are certificates of equal value (sukuk) that are issued...

Sukuk al-Muqaradah

A type of sukuk al-musharakah that is structured based on the contract of muqaradah (mudaraba), whereby the capital (ras al-mal)...

Sukuk al-Ijarah

Sukuk al-ijarah (singular: sakk al-ijarah) are certificates of equal value (sukuk) which are issued by the owner of an existing...

Sukuk al-Mugharasa

Certificates of equal value (sukuk) which are issued on the basis of mugharasa contract for the purpose of using the...

Sukuk al-Murabaha

Certificates of equal value (sukuk) which are issued for the purpose of financing the purchase of goods based on murabaha...

Sukuk al-Qiradh

A type of musharaka sukuk that is structured based on the contract of muqaradha (mudharaba), whereby the capital (ras al-mal)...

Sukuk al-Qirad

A type of musharaka sukuk that is structured based on the contract of muqarada (mudaraba), whereby the capital (ras al-mal)...

Sharikah

Arabic (شركة) for “a partnership or company”; an agreement between two or more parties whereby their assets or funds are...

Sharikat al-Wujuh

Arabic (شركة الوجوه) for a subset of sharikat al-aqd  (liability partnership or receivables partnership) that constitutes a contract between two...