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Badal al-Khulu

The compensation (badal) that is paid by a landlord to a tenant against having the leased property vacated from the...

Bay’ al-Khiyar

Arabic (بيع الخيار) for a contract of sale (bay’) that is embedded with an option (khiyar), granting either party the...

Bay’ al-Ikhtiyar

According to Malikis, it is a sale (bay’) in which the buyer has the option to choose one from among...

Ba’i al-Hadher lil Badi

Arabic (بيع الحاضر للبادي) for a type of sale (ba’i) in which a city-dweller (al-hadher) sells on behalf of a...

Ba’i al-Einah

Arabic (بيع العينة) for a contract of ba'i that involves the sale and buy back of an object (commodity, asset,...

Bay’ al-Mustarsel

A case of sale (bay’) in which the buyer doesn’t haggle over the price (i.e., takes it as a given)....

Bilateral Murabaha

A murabaha contract that is concluded on a bilateral basis, i.e., between a purchaser and a seller (usually a financial...

Bilateral Undertaking

In Islamic finance, bilateral undertaking, or muwa'adah (مواعدة) in Arabic, refers to a promise which is issued by a counterparty...

Ba’i al-Mutajarah

Arabic (بيع المتاجرة) for a type of sale (ba’i) whereby an Islamic bank sells goods on credit to a customer....

Ba’i al-Musawama

An Arabic term (بيع المساومة) that denotes “bargaining sale”. It is a type of sale (ba’i) in which the seller...