Arabic (عقد المعاوضة) for compensatory contract (commutative contract) whereby one party receives compensation/ consideration (iwadh) from another party in return…
The sale (ba’i) of goods that have not been actually or constructively possessed by the seller. This involves the sale…
In Islamic finance, it is a contract (of ba’i or bay’) whereby a supplier agrees to deliver a specific commodity/item…
Arabic (بيع المراوضة) for the sale (ba’i) of goods that have not been actually or constructively possessed by the seller....
A murabaha contract between a purchaser and an investment agent (wakil bil istithmar) acting as mudarib or investment agent on…
A mode of trading (mutajarah) which involves the exchange of one asset for another without resorting to a medium of…
A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…
A type of bay’ muna’aqid (enforceable contract of sale). By definition, it is a contract of sale (ba’i) that is…
Arabic (بيع الأعوام) for a type of sale (ba’i) in which the underlying object is an agricultural produce (such as...
Arabic (محاباة) for deference in a transaction. More specifically, it means a favor extended in an exchange-based transaction, either by…