Aqd – Page 4 – Fincyclopedia

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Muqtada al-Aqd

Arabic (مقتضى العقد) for objective or purpose of the contract (aqd). It reflects the combination of form (awsaf al-aqd) and...

Agency Contract

In Islamic finance, agency (wakalah, وكالة in Arabic) is a contract (aqd) between two counterparties: an agent (wakeel) and principal...

Al-Aqd Ghair al-Musamma

A class of contracts to which shari’a neither assigned specific names nor handled in details their respective rules and stipulations....

Al-Aqd al-Musamma

A class of contracts to which shari’a has assigned specific names and handled in details their respective rules and stipulations....

Gratuitous Contract

A non-compensatory contract in which a property (or any form of wealth) is donated by one party to another against...

Uqud al-Tabarruat

Arabic (عقود التبرعات) for noncommutative contracts or gratuitous contracts. These contracts (uqud- plural of aqd) are based on voluntary charitable...

Uqud al-Imtiaz

An Arabic term (عقود الامتياز) that denotes concession contracts; by definition, a contract of concession is an authorization whereby a...

Uqud al-Taqyidat

Arabic (عقود التقييدات) for contracts (uqud- plural of aqd) that aim to prevent or restrict disposal or conduct in a...

Al-Uqud al-Taba’yyeah

Arabic (العقود التبعية) for accessory contracts/ documentation contracts. Under shari'ah (Islamic law), accessory contracts are contracts (uqud/ pl. of aqd)...

Al-Uqud al-Asliyyah

Arabic (العقود الأصلية) for principal contracts. Under shari'ah (Islamic law), principal contracts are contracts (uqud/ pl. of aqd) which exist...