Also istisna'a (استصناع) in Arabic transliteration. It is a special kind of the contract of sale (bai') in which the...
Shari’a takes center stage of Islam, as a religion, as it defines the route Muslims have to follow in matters...
It stands for additional tier-1 sukuk; the additional proceeds from a sukuk issuance that are used to enhance an entity's...
The additional proceeds from a sukuk issuance that are used to enhance an entity's main sources of liquidity and meet...
Arabic (فرد) for individual/person/one. However, it may be sometimes, mistakenly used to refer to obligation or duty (the right spelling…
A shari’a approach (and one of the secondary sources of Shari’a) which is applied to prevent, on a pre-emptive basis,…
Partners in a sharika should contribute capital in the form of cash or cash equivalents based on which the amount…
Arabic (عارية) for a gratuitous loan (qard) whose underlying is a non-fungible (mithli) object or property, the substance of which…
An abbreviation for accepted bill-i or Islamic accepted bill; a bill of exchange which is drawn on or by a...
The sale (ba’i) of goods that have not been actually or constructively possessed by the seller. This involves the sale…