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DCR

It stands for displaced commercial risk; a risk exposure, in Islamic banks and financial institutions (IFIs), whereby the institution attempts...

Displaced Commercial Risk

A risk exposure, in Islamic banks and financial institutions (IFIs), whereby the institution attempts to remain competitive and withstand commercial...

Daruriyyat

One of the categories of maslaha or human needs that corresponds to basic necessities of life, including food, shelter, clothes,...

Dhari’ah

An Arabic word that carries the meaning of pretext, ploy, ruse, alleged reason, means, and so on. In Arabic script,...

Dharar

In general, it refers to all sources of damage, detriment, harm, or loss inflicted by an individual on others or...

Dharuriyyat

One of the categories of maslaha or human needs that corresponds to basic necessities of life, including food, shelter, clothes,...

Debt Assignment

The transfer (assignment/ hawala) of debt from one party (the debt transferor, or muheel) to another (the payer, debt obligor...

Debt-Type Sukuk

A type of sukuk in which the underlying is in the form of debt (receivables, loans, etc.). An example of...

Deferred Murabaha

A type of murabaha (cost-plus sale) in which the purchaser pays the agreed amount (price plus market-up) for the goods...

Dayn

Arabic (دين) for debt. A dain comes into existence as a result of a credit transaction, contractual agreement, or any...