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Musaqa

A partnership (sharika) in which one party presents designated plants/ trees that produce edible fruits to another (irrigating worker- musaqi...

Waqf Khayri

Arabic (وقف خيري) for charitable waqf; a type of waqf whose proceeds are used to serve a specific group of...

Waqf Ahli

A type of waqf (endowment) in which a person (waqf initiator- waqif) designates oneself or some specified individuals as the...

Waqf al-Fuduli

Arabic (وقف الفضولي) for endowment by an uncommissioned donor or founder of waqf (waqif). The uncommissioned waqif unilaterally acts on...

Bay’ al-Hasah

A type of sale (bay’), prevalent in pre-Islamic times, in which the object of sale was determined as the one...

Mugharasa

A type of partnership (musharaka) in which one party (a land owner) presents a treeless piece of land to another...

Mugharasa Sukuk

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

Ba’i al-Musarrat

Arabic (بيع المصراة) for a manipulative transaction which involves the sale (ba'i) of a cow, she-goat, or ewe, with its...

Bay’ al-Muhaqalah

A type of sale (bay') in which grains in ears are sold for dry (processed) grain. For example, this sale...

Ba’i

An Arabic term (بيع) that translates as “sale” or "selling". It refers to any agreement between two parties: the seller...