A type of share that entitles the holders to participate in the net profit of the issuing company or business,...

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

Arabic (تفليس) for judgment of bankruptcy (iflas) or declaration of bankruptcy by court. In shari’a parlance, it stands for interdiction...

Position Position refers to the amount of (or amount of exposure to) of a security, commodity, investment, or currency that...

The process whereby a seller intentionally hides the defects of his goods so that an unsuspecting buyer would acquire them...

Arabic (تطارح الدينين) for the process of bilateral release of debts (set-off or maqassah in Arabic). More specifically, it is...

An illegal practice (particularly an exploitative commercial arbitrage) in which a city dweller purchases goods from a Bedouin (desert dweller)...

A currency that has no intrinsic value but is issued on the creditworthiness of a government, but without direct connection...

The application of murabaha contract in managing a treasury's liquidity requirements and/ or investing its short-term surplus funds. It involves...

Position Position refers to the amount of (or amount of exposure to) of a security, commodity, investment, or currency that...