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Ghalla

In Islamic finance, ghalla (غلة) generally refers to any type of income produced by a factor of production (labor, capital,...

    Ghallah

    In Islamic finance, ghallah (غلة) generally refers to any type of income produced by a factor of production (labor, capital,...

      Al-Ghallah

      In Islamic finance, al-ghallah (الغلة) generally refers to any type of income produced by a factor of production (labor, capital,...

        Ghallat al-Waqf

        Arabic for yield (ghallah) of an Islamic endowment (waqf); it represents the the net surplus from the waqf's financial activities...

          Wakalah bil-Istithmar

          A method (Arabic for وكالة الاستثمار) whereby Islamic financial institutions manage funds on behalf of their customers. This involves providing...

            Ba’i Munaqid

            A sale (ba'i) contract that is enforceable. It typically involves the exchange of some types of wealth (mal) whereby one...

              Exchangeable Sukuk

              A type of sukuk structure in which sukuk certificates have an embedded option giving the sukuk holders the right, without...

                Murabaha Fund

                An Islamic investment fund which derives its income from purchasing commodities on behalf, and for the benefit of, clients. The...

                  Hiwalah

                  In relation to debts (duyun), hiwalah refers to the transfer/ assignment of debt from one party (the transferor/ assignor, or...

                    Currency Trading

                    Under shari’a, it is permissible to trade in foreign exchange provided that both countervalues (badalain, pl. of badal) are exchanged...