The capital that is provided by rab al-mal in a mudaraba contract. Put another way, it is the amount of…

Shari’a holds the center stage of Islamic religion as it defines the route Muslims have to follow in matters of…

The right (haqq) to a service that is held by the service purchaser. Examples of services include education, travel, transportation,…

A European futures option that grants the holder the right, without the obligation, to buy the underlying futures contract. The…

An option that allows the holder to take either a long and or short credit position so as to hedge…

An option to sell or buy an ETF before a certain date at a set price. Unlike other types of…

A situation that arises when a sale is concluded over a previous sale. More specifically, it is the case when…

A form of sale (bay’) in which the subject matter (mahall) is a right or concession to utilize some property…

Arabic (بيع البرنامج) for a wholesale trade that involves the sale (ba’i) of the units of a fungible commodity or…

Arabic (بيع النموذج) for a wholesale trade that involves the sale (bay’) of the units of a fungible commodity or…