Qabdh (قبض) is the unilateral act of taking delivery. In other words, it is the act of taking delivery of...

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

The implementation shortfall is a measure of the cost of trade implementation. It is a type of friction costs as...

Jahalah/ al-jahalah (جهالة/ الجهالة) is the lack of knowledge about the specifics of an object, event, or action, in spite...

The term "significance" (i.e., the state of being significant) implies anything (e.g., an amount, occurrence, transaction, etc.) that has the...

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

Gharar is an element of risk, uncertainty, or hazard that could render a contract void. A gharar-associated contract is one...

Commercial papers consist of bills of exchange, promissory notes, and cheques. In Islamic banking and financial dealings, it is permissible...

Murabaha (also spelled murabahah) is a shari’a compatible mode of debt financing which involves the sale of a commodity mostly...

Murabaha (also spelled murabahah) is a shari’a compatible mode of debt financing which involves the sale of a commodity mostly...