Commutative Contract – Page 3

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Mahall al-Aqd

Arabic (محل العقد) for subject-matter of the contract (aqd)- i.e., the value and countervalue (amwal) exchanged in a contract (specifically...

Musawamah Sale

Arabic (بيع المساومة) for bargaining sale. In Islamic finance, it refers to the selling of a commodity at an agreed...

Musaqah

A partnership (sharikah) in which one party presents designated plants/ trees that produce edible fruits to another party (irrigating worker-...

Musaqat

A partnership (sharikah) in which one party presents designated plants/ trees that produce edible fruits to another party (irrigating worker-...

Mal Mutaqawwim

According to the Hanafi school of thought (mazhab), a category of mal that is capable of legal (shari'a-compliant) ownership and...

Mal Mutaqawwem

According to the Hanafi school of thought (mazhab), a category of mal that is capable of legal (shari'a-compliant) ownership and...

Arsh

Arabic (أرش) for difference. In the realm of sales (buyu) and commutative contracts, it is the difference between the price...

Aqd al-Muawadhah

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

Bay’ al-Muratalah

The sale (ba'i or bay') in which a type of money (naqd) is exchanged for money of its genus based...

Bay’ al-Muratala

The sale (ba'i or bay') in which a type of money (naqd) is exchanged for money of its genus based...