A murabaha-based financing facility whereby funds for the purchase of the asset (commodities, durable assets, etc.) are provided by a…
A type of sale (bay’) in which the object of sale is not available at the contracting session (majlis al-aqd)…
Arabic (محاباة) for deference in a transaction. More specifically, it means a favor extended in an exchange-based transaction, either by…
A credit sale which has a fixed term at the end of which the buyer has to pay the agreed…
In Islamic finance, it is a contract (of bay') whereby a supplier agrees to deliver a specific commodity/ item to...
A type of sale (bay') in which the seller resorts to selling his property (assets, belongings, etc) under duress or...
A type of sale (bay’), prevalent in pre-Islamic times, in which the object of sale was determined as the one…
A form of sale (bay’) in which the subject matter (mahall) is a right or concession to utilize some property…
Arabic (بيع النموذج) for a wholesale trade that involves the sale (bay’) of the units of a fungible commodity or…
Arabic (بيع البراءة) for sale on ‘as is’ basis. It is a contract of sale (bay’), in which a person…