The counter-value in a commutative contract (an exchange-based contract or a barter exchange). In other words, it may refer to...
The compensation (badal) that is paid by a landlord to a tenant against having the leased property vacated from the...
An Arabic term (المرابحة للواعد بالشراء) that translates as murabaha to the purchase orderer (or wa'aed- the promisor or provider...
Arabic (بيع الخيار) for a contract of sale (bay’) that is embedded with an option (khiyar), granting either party the...
According to Malikis, it is a sale (bay’) in which the buyer has the option to choose one from among...
Arabic (بيع الحاضر للبادي) for a type of sale (ba’i) in which a city-dweller (al-hadher) sells on behalf of a...
A murabaha transaction wherein the Islamic bank purchases an asset/ commodity, upon the request of a customer, from a third-party...
An Arabic term (المرابحة للآمر بالشراء) which translates as murabaha to the purchase orderer. It is a murabaha transaction wherein...
Arabic (حيازة) for the holding or acquisition of an object, usually a commodity, asset, currency, etc, for a specified or...
A wadi’ah (deposit) in which the depositee (wade’e) is responsible to return its subject matter to the depositor (mude’e) whatsoever....