The amount at which an asset is recorded and recognized in the books of an institution. This amount excludes accumulated...
The process of securing murabaha by posting- or requiring the posting of- some type of collateral such as an issue...
A small amount of gharar (also gharar yaseer) that cannot be avoided/ overlooked due to the nature of the subject...
In a conventional context, a current account (or checking account) is a deposit account that has no stated maturity and...
Arabic (فقه المعاملات) for a branch of Islamic jurisprudence (fiqh) that deals with commercial and business activities in an economy....
Arabic (غارم) for a debtor (madeen- مدين) who is not financially able to settle or repay his debt (dayn or...
Arabic (غبن) for a fraudulent practice by which one party to a commutative contract (ba’i, ijarah, salam, etc.) attempts to...
Arabic (غبن فاحش) for an excessive profiteering- a type of ghabn- in which the seller intentionally deceives the buyer by...
Arabic (غبن فاحش) for an excessive profiteering in which the seller intentionally deceives the buyer by stating explicitly or implicitly...
Arabic (غرر) for an element of uncertainty or ambiguity, whether insignificant or excessive, in any sale contract (aqd al-ba'i) or...