The sale of a monetary amount in exchange for another monetary amount. More specifically, it is the exchange of one...
A form of prohibited sale (ba'i batil) in which a person or group of persons connive with a seller to...
Arabic (بيع العينة) for a round-tripping sale (or double sale) in which one party (actually the lender) sells another (actually...
It stands for displaced commercial risk; a risk exposure, in Islamic banks and financial institutions (IFIs), whereby the institution attempts...
A risk exposure, in Islamic banks and financial institutions (IFIs), whereby the institution attempts to remain competitive and withstand commercial...
Arabic (بيع حبل الحبلة) for a type of sale prohibited sale (impermissible under shari'a) that was prevalent in pre-Islamic Arabia...
Arabic (شرط الجزاء أو الشرط الجزائي) for penalty clause. A clause in a commutative contract (aqd mu'awadhah) that stipulates that...
A partnership mode of Islamic finance in which partners contribute equal or unequal ratios of capital, management skills, goodwill or...
A type of ijarah contract in which the underlying usufruct (manfa'ah) is a person’s work, effort, expertise, etc. According to...
A type of ijarah contract which has the usufruct of assets and properties (a'yan) as underlying. In this particular meaning,...