It stands for ijarah muntahiah bittamleek; an ijarah contract that ends up with the transfer of ownership of leased properties/...

An ijarah contract that ends up with the transfer of ownership of leased properties/ assets from the lessor to the...

Ijara sukuk (singular: ijara sakk) are certificates of equal value which are issued by the owner of an existing property…

Originally known in Arabic as tawarruq, it is a transaction whereby a person buys an asset/commodity from a seller on…

The accounting process which aims to provide appropriate information, not necessarily limited to financial data, to the stakeholders of a…

An agreement that incorporates the sale of the leased asset (in an ijara contract) at the end of the lease…

Arabic (إهمال) for negligence which constitutes a failure to exercise an established, stipulated or customary set of rules and practices...

A shari'a-compliant debit card which confers on the holder the right to withdraw cash from the balance available on his...

A financial intermediary that mobilizes and directs funds (amwal) in a way compliant with shari'a principles and precepts (ahkam al-shari'a)....

Arabic (إرصاد) for allocation of a public property for public use/ utility. This happens when government authorities earmark and allocate…