An Islamic investment account that is subject to no restrictions as to the purpose, geographical distribution or way of investing...
It stands for restricted investment account; an Islamic investment account which is subject to certain restrictions imposed by the account...
An Islamic investment account which is subject to certain restrictions imposed by the account holder with respect to the purpose,...
An agency contract (aqd al-wakalah) in which the principal (muwakkel) restricts the acts or discretion of the agent (wakil). For...
A hawalah in which the payer is restricted to settling the amount of the assigned/ transferred debt (dain/ dayn) from...
Arabic (فقه النوازل) for a branch of fiqh (Islamic jurisprudence) that tackles contemporary issues (newly emerging issues). Such issues require...
The short-term and long-term receivables to a murabaha seller (such as an Islamic bank) for commodities sold on credit (open...
A type of murabaha (cost-plus sale) in which the purchaser pays the agreed amount (price plus market-up, or thaman plus...
A form of prohibited sale (bay' batil) in which a person or group of persons connive with a seller to...
A sale (bay') that involves the exchange of an asset for specified monetary units (the price). With respect to the...