Buyu – Fincyclopedia

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Bay al-Istijrar

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

Bay al-Mudhtarr

A type of sale (bay') in which the seller resorts to selling his property (assets, belongings, etc) under duress or...

Bay’ ala al-Bay’

A situation that arises when a sale is concluded over a previous sale. More specifically, it is the case when…

Bay’ al-Bara’ah

Arabic (بيع البراءة) for sale on ‘as is’ basis. It is a contract of sale (bay’), in which a person…

Ba’i al-Khiyar

Arabic (بيع الخيار) for a contract of sale (ba’i) that is embedded with an option (khiyar), granting either party the...

Ba’i al-Taljiah

A type of fictitious sale (ba’i souri) which is made to serve a temporary purpose. In ba’i al-talji’ah the seller…

Ba’i al-Munajashah

Arabic (بيع المناجشة) for a type of impermissible sale (ba’i muharram) whereby a person (fake bidder/ ghost bidder/ phantom bidder)…

Aqd Muawadhah

Arabic (عقد معاوضة) for compensatory contract (commutative contract) whereby one party receives compensation/ consideration (iwadh) from another party in return...

Bay’ Batil

Arabic (بيع باطل) for void sale (void contract/ transaction of sale). It is a type of bay' (belonging to the...

Bai’ Batil

Arabic (بيع باطل) for void sale (void contract/ transaction of sale). It is a type of ba'i (belonging to the...