A classification of sukuk that constitutes part of the second or supplementary layer of a bank's capital (core capital), which,...
Sukuk that represent receivables (zhimam) of cash amounts or goods. Examples of non-tradable sukuk include salam sukuk, istisna’a sukuk, and...
A classification of sukuk that constitutes part of the second or supplementary layer of a bank's capital (core capital), which,...
Arabic (بيع وشرط) for “sale with a condition”. Technically, it refers to a sale contract (aqd al-ba'i) in which an...
A type of sale (ba'i) which is effected using down payment or advance money (arboon- عربون) with the condition that...
In Islamic finance, it is a contract (of ba'i or bay') whereby a supplier agrees to deliver a specific commodity/...
A type of sale (bay’), in Arabic script بيع المزابنة, that involves the exchange of fresh fruits for dry ones,...
A category of mal which encompasses commodities usually sold and bought by weight capacity, or measure such as gold, rice,...
A situation where a person takes possession of an object or a form of wealth as an owner (malik) or...
Arabic (مثلاً بمثل) for like for like. Ribawi items (such as gold, silver, dates, wheat, etc) cannot be exchanged (i.e., different...