A transaction whereby a person buys an asset/commodity from a seller on the basis of deferred payment, and sells it...
A type of sale (ba’i) that involves the exchange of fresh fruits for dry ones, where the quantity of the...
A reserve that is created by an Islamic bank by appropriating a specific amount out of the mudaraba income, before...
An Islamic swap that entails the exchange of a floating profit rate for a fixed profit rate, or vice versa....
A type of sale (ba’i) that was particularly popular in the days of early Islam and pre-Islam, where the buyer...
An Arabic term (الغرم) that literally denotes damage or loss (or a cost incurred). In a more specific context, it...
An Arabic term (الغرم) that literally denotes damage or loss (or a cost incurred). In a more specific context, it...
A type of sale (bay') that involves the exchange of one commodity for another without using a medium of exchange...
A mode of trading (mutajara) which involves the exchange of one asset for another without resorting to a medium of...
An Islamic finance treasury arrangement that an Islamic bank and a counterparty enter into for the purpose of foreign exchange...