Islamic Financial Transactions – Page 2

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Riba al-Qardh

Arabic (ربا القرض) for riba associated with lending and borrowing (i.e., received in lending or paid in borrowing). It is...

Riba al-Yad

A type of riba (ربا) that arises in sale transactions (buyu') involving barter exchange (muqayadhah) of commodities belonging to the...

Arkan al-Aqd

Arabic (أركان العقد) for pillars/ elements/ cornerstones of a contract (aqd- عقد). The primary arkan (sing. rukn) of a contract...

Aleatory Contract

A contract (aqd) that is contingent upon the occurrence of an event whose result or monetary effect is unknown as...

Al-Fadhalah Contract

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)...

Aqd al-Fadhalah

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)...

Riba Jaly

Arabic (ربا جلي) for apparent usury (ostensible riba/ manifest riba/explicit riba). It is a type of riba that arises in...

Riba Jali

Arabic (ربا جلي) for apparent usury (ostensible riba/ manifest riba/explicit riba). It is a type of riba that arises in...

Qalb-ul Dain

Arabic (قلب الدين) for debt restructuring or debt roll-over or refinancing of an existing debt/ dayn (postponement or extension of...

Qalb-ul Dayn

Arabic (قلب الدين) for debt restructuring or debt roll-over or refinancing of an existing debt/ dayn (postponement or extension of...