Adl or al-adl is Arabic (العدل) for justice or fairness. In general, the term “al-adl” relates to the concepts of...
An option is a derivative contract giving the holder (buyer) the right, without the obligation, to trade (buy or sell)...
Zakah (زكاة) is Arabic for obligatory charity (the third pillar of Islam). It constitutes a portion of wealth prescribed by...
Mudharabah (مضاربة) is a type of partnership (sharakah or musharakah) for profit (ribh) which is structured so that one partner...
Murabaha (also spelled murabahah) is a shari’a compatible mode of debt financing which involves the sale of a commodity mostly...
Murabaha (مرابحة)- cost-plus sale- is one of the most common Islamic contracts of trading. It belongs in the broader class...
Murabaha is a type of trust-based sale (buyu al-amana) whereby acquisition of assets is financed on short or relatively long...
Sharikah (partnership or corporate entity) or musharakah (the process of forming sharikah) is the commingling of funds and/or resources from...
Both barrier options and limit options denote the same. By definition, it is an exotic option whose payoff depends on...
Murabaha (also spelled murabahah) is a shari’a compatible mode of debt financing which involves the sale of a commodity mostly...