In the context of Islamic financial mua’amalat, an aqd lazim (عقد ملزم) refers to a valid and effective contract (aqd)...

Arabic (المضارب) for the labor provider/ worker in a contract of mudaraba. Labor or work includes entrepreneurship, management, and investment...

A hired worker or a person that is employed or commissioned to provide a service for a prespecified remuneration (ujrah)....

It stands for additional tier-1 sukuk; the additional proceeds from a sukuk issuance that are used to enhance an entity's...

The additional proceeds from a sukuk issuance that are used to enhance an entity's main sources of liquidity and meet...

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

An abbreviation for accepted bill-i or Islamic accepted bill; a bill of exchange which is drawn on or by a...

A present economic resource (mawrid) that an entity controls as a result of a transaction occurred in the past, or...

Arabic (أصل) for a number of terms with different meanings or connotations in different contexts. For one, it may denote...

Arabic (الغبن) for a fraudulent practice by which one party to a commutative contract (ba’i, ijarah, salam, etc.) attempts to...