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Wash Sales

A wash sale occurs when a trader sells or trades securities at a loss, and within 30 days before or...

Bay al-Istijrar

In Islamic finance, it is a contract (of bay') whereby a supplier agrees to deliver a specific commodity/ item to...

Bay al-Mudhtarr

A type of sale (bay') in which the seller resorts to selling his property (assets, belongings, etc) under duress or...

Aqd Muawadhah

Arabic (عقد معاوضة) for compensatory contract (commutative contract) whereby one party receives compensation/ consideration (iwadh) from another party in return...

Al-Bay’ al-Mutlaq

A sale (bay') that involves the exchange of an asset for specified monetary units (the price/ thaman). With respect to...

Sale on Credit

A type of sale (ba'i/ bay') in which the delivery of the object of sale (a commodity) takes place at...

Ordinary Murabaha

A murabaha which involves two parties, a buyer and seller, where the former is a merchant by trade. The merchant...

Ba’i al-Muajjil

A type of sale on credit (ba'i ajel) in which the price (thaman) is paid in full at a future...

Bay’ al-Najsh

A form of prohibited sale (bay' batil) in which a person or group of persons connive with a seller to...

Credit Sale

A sale (ba'i) in which the commodity/ item is delivered to the buyer against deferred payment, whether in installments or...