Mudarabah is a form of sharakah (partnership) in profit (ribh) whereby one party (rab al-mal) provides capital and the other…
It stands for equity investment risk; a type of risk that is associated with an Islamic financial institution's equity investments...
A type of risk that is associated with an Islamic financial institution's equity investments (investments in equity) such as stock...
The risk that arises from failure or inability to comply with shari’ah rules and principles. Shari’ah non-compliance risk is part…
Arabic (وكالة مطلقة) for unrestricted wakalah/ unrestricted agency; an agency contract (aqd al-wakalah) in which the principal (muwakkel) does not...
It stands for displaced commercial risk; a risk exposure, in Islamic banks and financial institutions (IFIs), whereby the institution attempts...
A risk exposure, in Islamic banks and financial institutions (IFIs), whereby the institution attempts to remain competitive and withstand commercial...
A banking loan (qard) that capitalizes on the contract of wakalah (wakalah bil-istithmar). It is done through the advance payment of profit...
An entity that operates as part of another entity (a conventional financial institution such as a bank) solely for provision...
An entity that operates as part of another entity (a conventional financial institution such as a bank) solely for provision...