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

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

Any kind of wealth or property (mal) that is inherently susceptible to riba. Traditionally, amwal ribawiah (plural of al-mal al-ribawi)...

An investment contract that is based on investment agency (wakalatul istithmar/ wakalah bil istithmar) where the investment account holder appoint...

An Arabic term (القرض الربوي) that denotes “interest-bearing loan” (riba-bearing qard). In other words, al-qardh al-ribawi is a loan extended...

An Arabic term (القرض الربوي) that denotes “interest-bearing loan” (riba-bearing qard). In other words, al-qard al-ribawi is a loan extended...

A proclamation by two persons of their intent to enter into a contract (aqd) in the future whose effects will...

An Islamic investment contract by virtue of which holders of investment accounts (IAHs) appoint the Islamic bank to undertake the...

A general shari'a maxim that all commercial and financial activities are originally permissible by the primary sources of shari'a, unless...

Any kind of wealth or property (mal) that is inherently susceptible to riba. Traditionally, amwal ribawia (plural of al-mal al-ribawi)...