Ijarah sukuk (singular: ijarah sakk) are certificates of equal value which are issued by the owner of an existing property...
An agreement (ijarah) that incorporates the sale of the leased asset (in an ijarah contract) at the end of the...
A transaction whereby a person buys an asset/commodity from a seller on the basis of deferred payment, and sells it...
An Islamic finance treasury arrangement that an Islamic bank and a counterparty enter into for the purpose of foreign exchange...
An Islamic finance alternative to option contracts (conventional options). By definition, it is a shari'ah compliant form of contract which...
Arabic (اتØاد مجلس العقد) for unity of time and place of a contracting session (majlis al-aqd). That implies that both...
An Arabic term (إباØØ©) that translates as permissibility (correct spelling: ibahah). It is a principle, under shari'ah, that any act...
A general shari'ah maxim that all commercial and financial activities are originally permissible by the primary sources of shari'ah, unless...
An Arabic term (إباØØ©) that translates as permissibility. It is a principle, under shari'ah, that any act is permitted as...
An entity that operates as part of another entity (a conventional financial institution such as a bank) solely for provision...
