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  • Tuesday, April 29, 2025
  • The Financial Encyclopedia
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Ancillary Wad

A type of wad (promise) that is embedded in, or associated with, an Islamic finance arrangement (contract). By nature, the...

    Product Wad

    A type of wad (promise) that constitutes, by nature and structure, a full-fledged Islamic finance arrangement which is used as...

      Product Wa’ad

      A type of wa'ad (promise) that constitutes, by nature and structure, a full-fledged Islamic finance arrangement which is used as...

        Ancillary Wa’ad

        A type of wa'ad (promise) that is embedded in, or associated with, an Islamic finance arrangement (contract). By nature, the...