Hilah

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Ba’i al-Raja’

A type of sale (ba’i) that was introduced by the Zaydi school of though (mazhab) in which an agricultural land…

Ostensible Sale

A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…

Ba’i al-Mua’amalah

A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…

Makhraj Share’e

An Arabic term (مخرج شرعي) for shari’ah-compliant alternatives or solutions or way-out to come around a prohibition or a deadlock…

Monetization

According to the Hanbali school of thought (mazhab), monetization (or in Arabic “tawarruq“) is the process of purchasing a commodity…

Ba’i al-Muamalah

A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…

Bay’ al-Muamalah

A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…

A ruse/ trick/ stratagem that is used in commercial or financial transactions as a means to circumvent the basic prohibitions...