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Accepted Bill

A bill of exchange which is drawn on or by a bank, payable at some preset future date, to securitize…

    Bay’ Alkali bil Kali

    Arabic (بيع الكالئ بالكالئ) for a sale (bay') in which both payment and delivery are deferred. In other words, it...

      Ba’i al-Kali bil Kali

      The sale (ba'i) of a debt (dain/ dayn) for a debt. Broadly speaking, it involves the exchange of two objects,...

        Bay al-Dayn

        Arabic (بيع الدين) for sale of debt. It denotes the sale of debt securities, debt certificates (commercial papers), or receivables...