Search
Generic filters
Filter by Categories
Accounting
Banking

Ta’weedh

In general, ta’weedh (in Arabic تعويض) refers to all types of compensation or remuneration (‘iwadh) charged or paid in relation...

Third-Party Guarantee

Shari'a permits that a third party, other than the mudarib (in mudaraba) or investment agent (in investment agency, wakala) or...

Ta’zir Mali

Arabic (تعزير مالي) for a certain type of punishment that is not set out by shari’a but is rather left...

Sources of Funds in Islamic Banks

An Islamic bank usually has access to a number of "external" sources of funds (to finance its assets and operations),...

Block Height

A metric that is used to identify the number of sequentially added blocks in the blockchain between any given block...

At-Cost Sale

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

Par-Value Sale

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

Shari’ah

Arabic (شريعة) for the divine guidance and precepts which are given and outlined by the Holy Qur'an, sent down by...

Special Investment Account

A profit-sharing investment account that is subject to a specific set of conditions as specified by the account holder. In...

Sighat al-Aqd

Arabic (صيغة العقد) for contractual formula (formula of a contract/ aqd). A formal exchange of offer/ proposal (ijab or 'ardh)...