A type of partnership (sharika) which is formed by two or more parties who share their good reputations, creditworthiness, and…

Arabic (رخصة) for a dispensation or permission or exemption as given by shari’a to Muslims in specific circumstances (e.g., illness,…

It is a form of musharaka in which the Islamic bank or financial institution owns shares or units representing an…

A pledge (rahn) in which the posted asset, in association with a credit transaction, can be provided by a third…

Al-fodhouli is a person who intervenes or interferes in others’ affairs without being invited or called on (out of curiosity).…

A credit sale which has a fixed term at the end of which the buyer has to pay the agreed…

The sale or disposal of an asset. Divesture takes place when a company (or any form of going concern) sells off…

A liquidity ratio that expresses the ability of a company to meet its current obligations. It is a measure of…

A liquidity ratio that expresses the ability of a company to meet its current obligations. It is a measure of…

The sale or disposal of an asset. Divestiture takes place when a company (or any form of going concern) sells…