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Ajeer

A hired worker or a person that is employed or commissioned to provide a service for a prespecified remuneration (ujrah)....

Al-Ajeer al-Khas

A worker or employee (ajeer) who is hired to work for an employer for a specific wage or salary (ajr...

Jahalah

Arabic (جهالة) for the lack of knowledge about the specifics of an object, event, or action, in spit of knowledge...

Ajeer Khas

A worker or employee (ajeer) who is hired to work for an employer for a specific wage or salary (ajr...

Ajeer Mushtarak

Arabic (أجير مشترك) for a public/ general worker or employee or an independent contractor who works for himself, rather than...

Muratalah

Arabic (مراطلة) for the sale (ba'i or bay') in which a type of money (naqd) is exchanged for money of...

Bilateral Murabaha

A murabaha contract that is concluded on a bilateral basis, i.e., between a purchaser and a seller (usually a financial...

Major Gharar

An excessive degree of gharar that renders a contract or transaction void from a shari'a point of view. Gharar represents...

Qawl al-Sahabi

Arabic (قول الصحابي) for the opinion of a companion (sahabi) of the Prophet (peace be upon him). It is an...

Sharikat al-Milk

Another popular spelling for sharikat al-mulk; a type of partnership (sharikah/ sharika) which basically involves joint ownership (mulk in Arabic)...