A commercial paper (CP) is a tradable certificate representing pecuniary rights whereby the issuer is under obligation to pay at...
A type of ijarah contract which has the usufruct of assets and properties (a'yan, pl. of ain) as underlying. In...
Arabic (علة) for the underlying cause or element (ratio legis) on which a new ruling is based by making parallel...
A doctrine of Islamic law (shari'a), and a secondary source of shari'a, which refers to the application of a previous...
Also ijara muntahia bittamleek or ijara thumma al-bai'. By definition, ijara wa iqtina'a (إجارة واقتناء) it is an ijara contract...
Arabic (شركة العنان) for a partnership (musharaka) that is formed by two or more parties, each of them contributes a...
Arabic (Ø¥Øسان) for benevolence/ doing good and also doing one's work (ibdah and mundane endeavors) with excellence and perfection. In...
Arabic (استØسان) for a doctrine of Islamic law (shari'a) that implies reconsidering an action, behavior, or practice that was impermissible...
A class of contracts to which shari’a neither assigned specific names nor handled in details their respective rules and stipulations....
A form of waqf (Islamic endowment) whose assets are intended for investment (i.e., income/ ghallah generation). The income generated from...
