A legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed for the sole purpose of achieving...
It stands for special purpose vehicle; a legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed...
A public/ general worker or employee or an independent contractor who works for himself, rather than for a particular employer....
The majority of fuqaha, i.e., the majority of founders of the four leading schools of thought or mazhahib (Abu Haneefah,...
An interest-free loan (fungible, marketable wealth) that is extended by a lender to a borrower on the basis of benevolence...
In Arabic aqd mu'awadhah, it is a type of compensatory contract whereby one party receives remuneration/ consideration in return for...
Arabic (محل العقد) for subject-matter of the contract (aqd)- i.e., the value and countervalue (amwal) exchanged in a contract (specifically...
Arabic (بيع المساومة) for bargaining sale. In Islamic finance, it refers to the selling of a commodity at an agreed...
A partnership (sharikah) in which one party presents designated plants/ trees that produce edible fruits to another party (irrigating worker-...
A partnership (sharikah) in which one party presents designated plants/ trees that produce edible fruits to another party (irrigating worker-...