A type of waqf (endowment) in which the yield (ghallah) is held in reserve so that it can be used...

A type of waqf (endowment) in which the yield (ghallah) is held in reserve so that it can be used...

Also istisna’a in Arabic. It is a special kind of the contract of sale (bai’) in which the underlying commodity…

A type of sukuk structure (hybrid securities) in which sukuk certificates give the sukuk holders a contingent right to convert…

A type of waqf (Islamic endowment) whose initiation or dedication of its property (mawqoof) is conditional- i.e., subject to (fulfillment...

A type of waqf (Islamic endowment) that is contingent on a future event, or an event that does not exist...

A contract of guaranty which is used to secure debts, retaliatory financial obligations (qisas), or other obligations, in the presence…

A national-level Shari’a board that oversees the Islamic finance industry in its own country, in addition to providing consultation to…

The object of a murabaha sale or transaction for which the murabaha buyer pays the murabaha seller cost-plus, i.e., the…

A contract of guaranty in which some party becomes a guarantor (kafeel or dhamen) if certain conditions are met. In…