Arabic (مناهدة) for an undertaking or commitment to contributing or donating towards a common purpose or endeavor. Originally, it was...
In Islamic finance, agency (wakalah, وكالة in Arabic) is a contract (aqd) between two counterparties: an agent (wakeel) and principal...
One of the essential modes of profit-sharing in Islamic finance, which is based on the concurrence of capital providers (called...
A class of contracts to which shari’a neither assigned specific names nor handled in details their respective rules and stipulations....
A class of contracts to which shari’a has assigned specific names and handled in details their respective rules and stipulations....
Arabic (الكالئ بالكالئ) for the sale of a debt for a debt. Broadly speaking, it involves the exchange of two...
Arabic (الربا المباشر) for direct riba. It constitutes an increment that a lender receives over and above the principal amount...
Arabic (الأجير العام) for a public/ general worker or employee or an independent contractor who works for himself, rather than...
According to the Hanafi school of thought (mazhab), a category of mal that has no value from the perspective of...
Arabic (المال المتقوم) for any type of mal whose value can be legally (shari'ah-wise) established and transferred in the market;...