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Wakalah Mutlaqah

Arabic (وكالة مطلقة) for unrestricted wakalah/ unrestricted agency; an agency contract (aqd al-wakalah) in which the principal (muwakkel) does not...

    Wakalah Plus

    A banking loan (qard) that capitalizes on the contract of wakalah (wakalah bil-istithmar). It is done through the advance payment of profit...

      Wakalah Muqayyadah

      Arabic (وكالة مقيدة) for restricted agency/ restricted wakalah; an agency contract (aqd al-wakalah) that the principal (muwakkel) restricts the acts...

        Wakalah Mulzimah

        Arabic (وكالة ملزمة) for a wakalah contract (aqd al-wakalah) that is binding on either party or both. While wakalah is...

          Wakalah bil-Istithmar

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