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Aqd al-Muawadha

Arabic (عقد المعاوضة) for compensatory contract (commutative contract) whereby one party receives compensation/ consideration (iwadh) from another party in return…

Tawlia

A type of sale (ba'i or bay') in which the price (thaman) is set equal to the original acquisition price...

Tawlia Sale

The selling of a commodity for its original purchase price/ cost price neither with adding a mark-up nor with applying...

Ba’i al-Tashreek

Arabic (بيع التشريك) for a special case of tawlia sale (ba'i al-tawliyah) in which the profit waiver on the underlying...