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  • Monday, April 28, 2025
  • The Financial Encyclopedia
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Mu’amalah

Another designation for mudarabah (mudarabah/ mudharaba/ mudharabah); by definition, it is a partnership (sharakah) in profit whereby one party (rab…

    Promise To Sell

    English for al-wa’ad bil ba’i/ bai’/ bay’ (الوعد بالبيع). It is usually embedded in exchange-based contracts (uqud al-mua’wadhah) such as…