A type of sale (bay’) in which the object of sale is not available at the contracting session (majlis al-aqd)…
A type of sale (ba’i) in which the object of sale is not available at the contracting session (majlis al-aqd)…
A situation that arises when a sale is concluded over a previous sale. More specifically, it is the case when…
An Islamic finance treasury arrangement that an Islamic bank and a counterparty enter into for the purpose of foreign exchange…
A type of sale (bay’) in which the object of sale is not available at the contracting session (majlis al-aqd)…
Arabic (صيغة) for contractual formula (formula of a contract/ aqd). A formal exchange of offer/proposal (ijab or 'ardh) and acceptance...
Arabic (اتحاد مجلس العقد) for unity of time and place of a contracting session (majlis al-aqd). That implies that both...
Arabic (مجلس العقد) for contracting session or contract assembly or meeting or place. It is anywhere two parties or more...