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Bay’ al-Majhool

Arabic (بيع المجهول) for a type of bay’ al-gharar in which the object of sale or the price (thaman) is...

Ba’i wa Salaf

Arabic (بيع وسلف) for a type of sharia-incompliant sale (invalid sale or ba’i ghair sahih) that combines a normal sale...

Methqal

An Islamic measure of weight (in Arabic script: مثقال) that is equal to 4.25 grams (0.137 ozt). As a unit...

Misqal

An Islamic measure of weight (in Arabic script: مثقال) that is equal to 4.25 grams (0.137 ozt). As a unit...

Mithqal

An Islamic measure of weight (in Arabic script: مثقال) that is equal to 4.25 grams (0.137 ozt). As a unit...

Sukuk al-Ijarah

Sukuk al-ijarah (singular: sakk al-ijarah) are certificates of equal value (sukuk) which are issued by the owner of an existing...

Sukuk al-Mugharasa

Certificates of equal value (sukuk) which are issued on the basis of mugharasa contract for the purpose of using the...

Sukuk al-Murabaha

Certificates of equal value (sukuk) which are issued for the purpose of financing the purchase of goods based on murabaha...

Mufawada Partnership

A type of partnership (musharaka or sharika) which holds all participating parties at equal footing in terms of funds contributed,...

Murabaha Sukuk

Certificates of equal value (sukuk) which are issued for the purpose of financing the purchase of goods based on murabaha...