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Ijarah Thumma al-Ba’i

An agreement (ijarah) that incorporates the sale of the leased asset (in an ijarah contract) at the end of the...

Ba’i wa Shart

Arabic (بيع وشرط) for “sale with a condition”. Technically, it refers to a sale contract (aqd al-ba'i) in which an...

Ba’i al-Arboon

A type of sale (ba'i) which is effected using down payment or advance money (arboon- عربون) with the condition that...

Ba’i al-Istijrar

In Islamic finance, it is a contract (of ba'i or bay') whereby a supplier agrees to deliver a specific commodity/...

Bay’ al-Muzabanah

A type of sale (bay’), in Arabic script بيع المزابنة, that involves the exchange of fresh fruits for dry ones,...

Yad Dhaman

A situation where a person takes possession of an object or a form of wealth as an owner (malik) or...

Yadan Bi Yadin

An Arabic expression (يداً بيد) that translates as spot settlement (hand to hand) in exchange-based transactions (especially in the case...

Yadan Bi Yad

An Arabic expression (يداً بيد) that translates as spot settlement (hand to hand) in exchange-based transactions (especially in the case...

Yadd Amanah

A situation where a person takes possession (hiyazah) of an object or a form of wealth (mal) as a proxy/...

Ba’i al-Tawarruq

Tawarruq is an Arabic word (تورق) that literally means minted silver (al-wariq) or the act whereby some person seeks silver...