By nature, an ijarah contract creates a liability on the lessee in the form of payable rental (ujrah), which gives...

Arabic (صكوك الوقف) for endowment sukuk; sukuk which use waqf (waqf assets – mawqoof) as underlying asset. In this sense,...

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

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

Arabic (صكوك الوقف) for endowment sukuk; sukuk which use waqf (waqf assets – mawqoof) as underlying asset. In this sense,...

Arabic (صكوك الانتفاع) for sukuk whose underlying is intifa’a, i.e., utilization of an asset, without the right to dispose of...

Arabic (أرش) for difference. In the realm of sales (buyu) and commutative contracts, it is the difference between the price...

A market manipulative practice (black marketeering, regrating or monopoly) that involves the creation of artificial shortages in the supply of...

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

Arabic (البيع النافذ) for a type of al-bay' al-muna'aqid (enforceable contract of sale). By definition, it is a contract of...