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Back-To-Back Salam

A salam contract in which the seller (the short) or the buyer (the long) in the original (previous) salam becomes...

Back-To-Back Istisna’a

An istisna'a contract in which one counterparty (the seller or the buyer) is also a counterparty to a previous istisna'a...

Bay al-Mustarsil

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

Bay al-Wafa

A sale (bay') in which the seller has the right, as stipulated in the contract, to repurchase the underlying property...

Bay al-Juzaf

The sale (bay') of a measurable, countable, or weighable commodity without determining its quantity, number of units, or weight. This...

Ba’i al-Muzabanah

A type of sale (ba’i) that involves the exchange of fresh fruits for dry ones, where the quantity of the...

Ba’i al-Mulamasah

A type of sale (ba’i) that was particularly popular in the days of early Islam and pre-Islam, where the buyer...

Bay al-Mubadalah

A type of sale (bay') that involves the exchange of one commodity for another without using a medium of exchange...

Ba’i al-Ghayeb

A type of sale (ba'i) in which the object of sale is not available at the contracting session (majlis al-aqd)...

Bay al-Tawarruq

Tawarruq is an Arabic word that literally means minted silver (al-wariq) or the act whereby some person seeks silver money....