In Islamic fiqh, fadhalah (or fadalah) refers to the act(s) of al-fodhouli (al-fuduli), i.e., a person (natural or legal) who transacts (e.g. sells, rents, etc)...
A form of financing that involves the combination of Islamic finance with crowdfunding so as to address financing needs of...
A method (Arabic for وكالة الاستثمار) whereby Islamic financial institutions manage funds on behalf of their customers. This involves providing...
A method (Arabic for وكالة الاستثمار) whereby Islamic financial institutions manage funds on behalf of their customers. This involves providing...
A valid condition, i.e., a contractual stipulation that is permissible (under shari'ah) and binding on the parties to the contract...
A condition / contractual stipulation that renders the contract (aqd) in which it was stipulated a defective contract (i.e., though...
Arabic (مدين مماطل) for procrastinating debtor; a debtor (madeen) who is solvent but refuses to pay a debt (dain/dayn) at or...
Arabic (مدين مماطل) for procrastinating debtor; a debtor (madeen) who is solvent but refuses to pay a debt (dain/ dayn) at...
With respect to unrestricted investment account (URIA) holders, it is the risk facing an Islamic bank or financial institution (IFI) when URIA holders may withdraw...
A small amount of gharar (also gharar qalil or gharar yasir) that cannot be avoided due to the nature of the subject matter of the...