Arabic (عقد المعاوضة) for compensatory contract (commutative contract) whereby one party receives compensation/ consideration (iwadh) from another party in return…
An Arabic term (بيع بالثمن الآجل) that translates as “sale with deferred payment” or “sale on credit”. Technically, it refers...
Arabic (مجلس العقد) for contracting session or contract assembly or meeting or place. It is anywhere two parties or more…
A contract of sale (bay') in which goods are sold on a deferred payment basis. An Islamic bank buys equipment...
A type of sale on credit (bay' ajel) in which the price (thaman) is paid in full at a future...
Arabic (بيع النسيئة) for a type of sale on credit (ba'i ajel) in which the price (thaman) is paid in...