Currency Exchange – Fincyclopedia

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Aqd al-Muawadha

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

Al-Muwa’adah

A proclamation by two persons of their intent to enter into a contract (aqd) in the future whose effects will...

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...

Ba’i al-Muratala

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

Ba’i 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-Sarf

A sale (bay) contract that involves the exchange of a monetary item (gold, silver, currency) for another monetary item, or...

Bay’ al-Athman

A sale (bay) contract that involves the exchange of a monetary item (gold, silver, currency) for another monetary item, or...

Ba’i al-Athman

A sale (ba'i) contract that involves the exchange of a monetary item (gold, silver, currency) for another monetary item, or...

Ba’i al-Sarf

A sale (ba'i) contract that involves the exchange of a monetary item (gold, silver, currency) for another monetary item. In...