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Service Lease

A type of ijarah (ijara) (Islamic lease) which transfers the ownership of usufruct/ manfaah (of a service or a bundle...

Mawsuf fi al-Zhimmah

Transliteration for Arabic term "موصوف في الذمة"; a description for a clearly defined and specified subject matter of a contract...

Mawsufah fi al-Zhimmah

Transliteration for Arabic term "موصوفة في الذمة"; a description for a clearly defined and specified subject matter of a contract...

Ijarah al-Khadamat

A type of ijarah (ijara) which transfers the ownership of usufruct/ manfaah (of a service or a bundle of service...

Ijarat al-Khadamat

A type of ijarah (ijara) which transfers the ownership of usufruct/ manfaah (of a service or a bundle of service...

Husnul Qada

The gracious repayment or settlement of loan/debt (qard). That means repaying a loan in excess of the principal (face value,...

Husnul Qadaa

The gracious repayment or settlement of loan/debt (qard). That means repaying a loan in excess of the principal (face value,...

Iwad

An Arabic term (عوض) that denotes compensation or remuneration. In the context of Islamic financial and commercial transactions, it refers...

Aqd Mudhaf

Arabic (عقد مضاف) for a contract (aqd) which comes into effect at a specific date in the future. In this...

Iqalah

Arabic (إقالة) for cancellation of a contract (aqd); a bilateral agreement of the contracting parties to not proceed with the...