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Ba’i Al-Ghayib

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

Bay’ ala al-Bay’

A situation that arises when a sale is concluded over a previous sale. More specifically, it is the case when…

Bay’ al-Khulu

A form of sale (bay’) in which the subject matter (mahall) is a right or concession to utilize some property…

Ba’i al-Barnamaj

Arabic (بيع البرنامج) for a wholesale trade that involves the sale (ba’i) of the units of a fungible commodity or…

Bay’ al-Namuzhaj

Arabic (بيع النموذج) for a wholesale trade that involves the sale (bay’) of the units of a fungible commodity or…

Ba’i al-‘Eina 

A round-tripping sale (or double sale) in which one party (actually the lender) sells another (actually the borrower) an object…

Ba’i al-Mua’amalah

A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…

Bay’ al-Bara’ah

Arabic (بيع البراءة) for sale on ‘as is’ basis. It is a contract of sale (bay’), in which a person…

Ba’i al-Khiyar

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

Binding Wakalah

A wakalah contract (aqd al-wakalah) that is binding on either party or both (wakalah mulzimah). While wakalah is essentially not…