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Wakalah Model for Takaful

Takaful (التكافل) is an Islamic financial product/ service structured in a way that a number of participants share specific types...

Wakala In Murabaha

Murabaha (مرابحة)- cost-plus sale- is one of the most common Islamic contracts of trading. It belongs in the broader class...

Key Principles of Murabaha

Murabaha is a cost-plus (mark-up) transaction in which a customer places an order with the financial institution (Islamic bank) to...

Key Principles of Mudaraba

Mudaraba is a joint venture between a capital provider (rab al-mal or financier) and an entrepreneur (mudarib or businessman) who...

Arboun In Murabaha

Murabaha is a type of trust-based sale (buyu al-amana) whereby acquisition of assets is financed on short or relatively long...

Shari’ah Rules on Agency In Murabahah

Murabahah (مرابحة)- cost-plus sale- is one of the most common Islamic contracts of trading. It belongs in the broader class...

Definition of Mudarabah

Mudarabah (مضاربة) is a type of partnership (sharakah or musharakah) for profit (ribh) which is structured so that one partner...

Murabahah: Definition and Concept

Murabahah (مرابحة)- cost-plus sale- is one of the most common Islamic contracts of trading. It belongs in the broader class...

Basic Violations and Mistakes in Murabahah

By definition, murabahah is a type of sale (ba’i or bay’) in which the seller candidly reveals to the buyer...

Difference Between Options and Futures Contracts

An option is a derivative contract giving the holder (buyer) the right, without the obligation, to trade (buy or sell)...