An Arabic term (بيع) that translates as “sale” or “selling”. It refers to any agreement between two parties: the seller...
Arabic (بيع السنين) for a type of sale (bay’) in which the underlying object is an agricultural produce (such as...
Arabic (صكوك المساقاة) for a type of sukuk al-musharakah; sukuk al-musaqat are certificates of equal value (sukuk) that are issued...
A type of murabaha (cost-plus sale) which is secured by an issue of sukuk as collateral. It provides an alternative...
Sukuk which are issued anywhere in the world and in whatever currency. In this sense, global sukuk encompass both international...
Arabic (غاصب) for a person or party who usurps another person's or party's wealth or belongings- i.e., usurper. An usurper...
In Islamic finance, ghallat/ ghallah (غلة) generally refers to any type of income produced by a factor of production (labor,...
Arabic (وقف خاص) for private waqf; a type of waqf (specifically, incorporated waqf) whose proceeds are used to serve a...
A type of waqf which mainly serves the public. In other words, the waqf's proceeds/ ghallah/ usufruct (manfa'ah) will be...
An option (khiyar/ khayar) which gives one party or both parties to the contract (aqd) or a third party the...