Arabic (فرض عين) for individual duty or obligation. It is an act that is compulsory for every competent Muslim (man…

Arabic (فرد) for individual/person/one. However, it may be sometimes, mistakenly used to refer to obligation or duty (the right spelling…

A type of waqf (endowment) in which a person (waqf initiator/originator) designates oneself or some specified individuals as the beneficiaries…

Arabic (فقه المعاملات) for a branch of Islamic jurisprudence (fiqh) that deals with commercial and business activities in an economy....

The monetary amount for which an asset could be exchanged or a liability/ obligation could be settled between well informed,...

The principal amount of an instrument (sukuk), a debt (qard, zhemam or receivables, etc), or an account (deposit). For example,...

Items that are mutually interchangeable, i.e., the units of which are identical (in specifications/ features), and if destructed will be...

Items that are mutually interchangeable, i.e., the units of which are identical (in specifications/ features), and if destructed will be...

Arabic (فقه النوازل) for a branch of fiqh (Islamic jurisprudence) that tackles contemporary issues (newly emerging issues). Such issues require...

A set of financial ratios that are used by Islamic market indices (such as Dow Jones Islamic Market Indices) to...