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What Is the Difference Between Istisna’a and Parallel Istisna’a?

Istisna’a (or commissioned manufacture) is a contract of sale (ba’i) in which the seller undertakes to manufacture or construct specified...

What Is the Difference Between Salam and Istisna’a?

Istisna’a is a special case of salam and both involve the future delivery of a specified object. Istisna’a is mainly...

What Is the Difference Between Hamish al-Jiddiyyah and Urboun?

Hamish al-jiddiyyah is a security deposit received by the purchaser/ reseller in a murabaha to the purchase orderer (MPO) from...

What Is The Difference Between Exercise Price and Strike Price?

Strike price and exercise price are often used "interchangeably " to denote the same: the price at which a derivative...