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Ghallat

In Islamic finance, ghallat/ ghallah (غلة) generally refers to any type of income produced by a factor of production (labor,...

General Waqf

A type of waqf which mainly serves the public. In other words, the waqf's proceeds/ ghallah/ usufruct (manfa'ah) will be...

Gharar Qalil

A small amount of gharar (also gharar yaseer) that cannot be avoided/ overlooked due to the nature of the subject...

Gharim

Arabic (غارم) for a debtor (madeen- مدين) who is not financially able to settle or repay his debt (dayn or...

Ghabn

Arabic (غبن) for a fraudulent practice by which one party to a commutative contract (ba’i, ijarah, salam, etc.) attempts to...

Ghabn Fahish

Arabic (غبن فاحش) for an excessive profiteering- a type of ghabn- in which the seller intentionally deceives the buyer by...

Ghubn Fahish

Arabic (غبن فاحش) for an excessive profiteering in which the seller intentionally deceives the buyer by stating explicitly or implicitly...

Gharar

Arabic (غرر) for an element of uncertainty or ambiguity, whether insignificant or excessive, in any sale contract (aqd al-ba'i) or...

Ghubn

Arabic (غبن) for a fraudulent practice by which one party to a commutative contract (ba’i, ijarah, salam, etc.) attempts to...

Gratuitous Contract

A non-compensatory contract in which a property (or any form of wealth) is donated by one party to another against...