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Islamic Finance

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  • April 20, 2023
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Mulkiyyah Tammah

Arabic (ملكية تامة) for complete/ full ownership; an ownership (mulkiyyah) where the owner has a full right over the property/ assets. By virtue of this type of ownership, the owner controls the property/ assets and all economic benefits that would arise therefrom, including the corpus (raqabah) and the usufruct (manfaah).

Mulkiyyah tammah entails three different aspects of right (haq): the right to dispose (tasarruf, haq al-tasarruf), the right to use and the right to receive any benefits that may arise from such ownership.

If any of the three types of haq lacks or does not exist (or is not provided for under an arrangement/ situation), then ownership is said to be “mulkiyyah naqisah“.

Mulkiyyah tammah is also referred to as mulkiyyah kamilah.


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