A type of sukuk structure in which sukuk certificates have an embedded option giving the sukuk holders the right, without...
A situation that arises when a sale (ba'i) is concluded over a previous sale. More specifically, it is the case...
A contract of sale (ba'i) in which the buyer picks up the goods and pays the price (thaman) to the...
A funding mechanism whereby money is raised from a large number of people (the crowd), using an online network, in...
Arabic (إقالة) for cancellation of a contract (aqd); a bilateral agreement of the contracting parties to not proceed with the...
A type of sale (bay') in which the seller resorts to selling his property (assets, belongings, etc) under duress or...
One of the essential modes of profit/ loss-sharing in Islamic finance, which is based on the concurrence of capital providers...
An istisna'a contract in which the buyer (manufacture orderer, or almustasni') doesn't set a condition in the contract obliging the...
A type of ba’i al-gharar in which the object of sale or the price (thaman) is unknown/ unspecified, or in...
An Islamic fiqh term that is associated with the process of sulh al-ibra' or discharge reconciliation. The creditor party accepts...