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Asl al-Qard

The face value of a qard (loan), i.e., its principal (or principal amount). For example, a $1,000 loan must be...

Al-Uqud al-Taba’yyeah

Arabic (العقود التبعية) for accessory contracts/ documentation contracts. Under shari'ah (Islamic law), accessory contracts are contracts (uqud/ pl. of aqd)...

Al-Uqud al-Asliyyah

Arabic (العقود الأصلية) for principal contracts. Under shari'ah (Islamic law), principal contracts are contracts (uqud/ pl. of aqd) which exist...

Al-Uqud Ghair al-Musammah

A class of contracts to which shari’a neither assigned specific names nor handled in details their respective rules and stipulations....

Ain

Arabic (عين) for a determinate property or asset that has a marketable or non-marketable material value that can be converted...

A’ariyah

Arabic (عارية) for a gratuitous loan (qard) whose underlying is a non-fungible (mithli) object or property, the substance of which...

Awqiyyah

An Islamic measure of weight (also, uqiyyah; in Arabic script أوقية) that is equal to 8 mithqal (mathaqeel) or 40...

Al-Uqud Ghayr al-Musammat

A class of contracts to which shari’a neither assigned specific names nor handled in details their respective rules and stipulations....

Aqd al-Musaqat

A type of partnership contract (aqd al-musharaka) in which the owner of an orchard (bustan- in Arabic script: بستان) agrees...

Aqd al-Wakala

In Islamic finance, agency (wakala, وكالة in Arabic) is a contract (aqd) between two counterparties: an agent (wakeel) and principal...