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Wakala Sukuk

Arabic (صكوك الوكالة) for agency certificates; a type of sukuk (pl. of sakk) in which the underlying contract is wakala.…

    Wakalah Muaqatah

    Arabic (وكالة مؤقتة) for temporary wakalah/ temporary agency; a wakalah contract (aqd al-wakalah) that has a time limit on its…

      Restricted Agency

      An agency contract (aqd al-wakalah) in which the principal (muwakkel) restricts the acts or discretion of the agent (wakil). For…

        Forward Wakalah

        An agency contract (aqd al-wakalah) that does commence or comes into effect at a preset, tentative, or foreseen future date.…

          Fodhooli

          In its literal meaning, fodhooli refers to a person who interferes in matters that are none of his business. Technically,…

            Letter of Credit

            A modern application of guaranties that constitutes a guaranty issued by a bank on behalf of a local merchant, securing…