An istisna’a contract (استصناع) that combines two separate or stand-alone istisna’a contracts , the first of which is concluded between...
Arabic (العفو) for surplus or what exceeds a minimum/ sustenance limit. Literally, it has the meanings of amnesty, pardon, forgiveness,...
Arabic (العدل) for justice or fairness. For example, the Qur’an states that: “Allah enjoins al-adl (justice) and al-ihsan (benevolence/ doing...
The valuation of an asset on the basis of the proceeds of sale at the prevailing market price (i.e., through...
The valuation of an asset on the basis of the proceeds of sale at the prevailing market price (i.e., through...
The valuation of an asset on the basis of the proceeds of sale at the prevailing market price (i.e., through...
The valuation of an asset on the basis of the proceeds of sale at the prevailing market price (i.e., through...
The valuation of an asset on the basis of the proceeds of sale at the prevailing market price (i.e., through...
The valuation of an asset on the basis of the proceeds of sale at the prevailing market price (i.e., through...
The valuation of an asset at fair value (i.e., without selling, or dispose of, it). For example, mudharaba capital provided...