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At-Cost Sale

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

AT-1 Non-Convertible Sukuk

A non-convertible sukuk issue that qualifies to be part of additional tier-1 capital (AT-1). It constitutes addition to an existing...

Additional Tier-1 Non-Convertible Sukuk

A non-convertible sukuk issue that qualifies to be part of additional tier-1 capital (AT-1). It constitutes addition to an existing...

Al-Takharuj

Arabic (التخارج) for a composition that is entered into by joint heirs to property, whereby some of them may waive…

‘Azimah

Arabic (عزيمة) for strictness and resoluteness in the implementation or practice of shari’ah rules (ahkam), prescriptions, ordinances, etc. In other…

Awarid Al-Ahliyyah

Arabic (عوارض الأهلية) for impediments to legal competence. More specifically, awarid (plural of aridah) are all emerging shortcomings or deficiencies…

Al-Mulkiyyah

Arabic (الملكية) for ownership; an owner or co-owner has a certain right (or set of rights) over the underlying property/...

Al-Shuyu

Arabic (الشيوع) for the state of an asset (particularly, a land) being jointly owned/ possessed by a number of persons,...

Ala al-Shuyu

Arabic (على الشيوع) for the state of an asset (particularly, a land) being jointly owned/ possessed by a number of...

Aqd Al-Ishtirak

Arabic (عقد الإشتراك) for a contract (aqd) that entails sharing in ventures/ businesses and profits (ribh) through specific partnership (sharakah/sharikah).…