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Ba’i al-Mustarsel

Arabic (بيع المسترسل) for a case of sale (ba’i) in which the buyer doesn’t haggle over the price (i.e., takes…

Ba’i al-Isti’man

A case of sale (ba’i) in which the buyer doesn’t haggle over the price (i.e., takes it as a given).…

Al-Mustarsil

Arabic (المسترسل) for a buyer who does not haggle over the price (i.e., takes the price for granted). In general,…

Mustarsil

A buyer who does not haggle over the price (i.e., takes the price for granted). In general, a buyer acts...

Information Asymmetry

A situation that arises when a party to a contract or transaction has more information about it than the other...

Information Failure

A situation that arises when a party to a contract or transaction has more information about it than the other...

Asymmetric Information

A situation that arises when a party to a contract or transaction has more information about it than the other...

Maturity Transformation

A type of financial transformation in which the liabilities of intermediaries, such as banks and non-banks, are typically much more...