Aqd – Page 5 – Fincyclopedia

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Al-Uqud Ghair al-Musammah

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

Aqd al-Musaqat

A type of partnership contract (aqd al-musharaka) in which the owner of an orchard (bustan- in Arabic script: بستان) agrees...

Aqd al-Wakala

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

Aqd al-Wakalah

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

Named Contract

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

Nominate Contract

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

Ijarah Mausufah Fi Zhimmah

An ijarah contract whose underlying is an unidentified unit of asset that will be leased at a future date. It...

Shart Fasid

A condition (shart) that renders the contract (aqd) in which it was stipulated a defective contract (i.e., though in essence...

Aqd al-Musaqah

A type of partnership contract (aqd al-musharakah) in which the owner of an orchard (bustan- in Arabic script: بستان) agrees...

Ijarah Mawsufah Fi Zimmah

A type of ijarah which involves the sale of a clearly specified underlying asset, which is currently being produced or...