The face value of a qard (loan), i.e., its principal (or principal amount). For example, a $1,000 loan must be...
Arabic (العقود التبعية) for accessory contracts/ documentation contracts. Under shari'ah (Islamic law), accessory contracts are contracts (uqud/ pl. of aqd)...
Arabic (العقود الأصلية) for principal contracts. Under shari'ah (Islamic law), principal contracts are contracts (uqud/ pl. of aqd) which exist...
A class of contracts to which shari’a neither assigned specific names nor handled in details their respective rules and stipulations....
Arabic (عين) for a determinate property or asset that has a marketable or non-marketable material value that can be converted...
Arabic (عارية) for a gratuitous loan (qard) whose underlying is a non-fungible (mithli) object or property, the substance of which...
An Islamic measure of weight (also, uqiyyah; in Arabic script أوقية) that is equal to 8 mithqal (mathaqeel) or 40...
A class of contracts to which shari’a neither assigned specific names nor handled in details their respective rules and stipulations....
A type of partnership contract (aqd al-musharaka) in which the owner of an orchard (bustan- in Arabic script: بستان) agrees...
In Islamic finance, agency (wakala, وكالة in Arabic) is a contract (aqd) between two counterparties: an agent (wakeel) and principal...