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Amanah

A deposit (wadi'ah) in trust (by one person or counterparty with another), whether explicitly by way of contract or implicitly...

Al-Salam al-Muwazi

An Arabic term (السلم الموازي) that translates as parallel forward delivery sale (parallel salam). It is a salam contract in...

Amanah Contract

A shari'a-nominated contract (nominate contract) that is based on trust or honesty as to the dealing between the two parties....

Al-Ghunm

Arabic (الغنم) for gain /reward/ benefit which can be realized only if recipient has already borne all the risks (mukhatarah)...

Al-Ghurm

An Arabic term (الغرم) that literally denotes damage or loss (or a cost incurred). In a more specific context, it...

Arkan al-Aqd

Arabic (أركان العقد) for pillars/ elements/ cornerstones of a contract (aqd- عقد). The primary arkan (sing. rukn) of a contract...

Aleatory Contract

A contract (aqd) that is contingent upon the occurrence of an event whose result or monetary effect is unknown as...

Al-Fadhalah Contract

In Islamic fiqh, fadhalah (or fadalah) refers to the act(s) of al-fodhouli (al-fuduli), i.e., a person (natural or legal) who transacts (e.g. sells, rents, etc)...

Aqd al-Fadhalah

In Islamic fiqh, fadhalah (or fadalah) refers to the act(s) of al-fodhouli (al-fuduli), i.e., a person (natural or legal) who transacts (e.g. sells, rents, etc)...

Al-Ibahah

An Arabic term (الإباحة) that translates as permissibility. It is a principle, under shari'ah, that any act is permitted as...