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Kafalah Mudhafah

Arabic (كفالة مضافة) for contingent suretyship or contingent guarantee/ guaranty. It is a kafalah agreement that becomes effective upon occurrence...

Khalaba

An Arabic term (خلابة) that literally translates as "misleading marketing". The seller, practicing khalaba, pursues unknowledgeable and unaware clients by...

Khalabah

An Arabic term (خلابة) that literally translates as "misleading marketing". The seller, practicing khalabah, pursues unknowledgeable and unaware clients by...

Khilabah

An act of deception or cheating of a party to a contract by another party. This involves a misleading act...

Khiyar al-Ghubn

A khiyar (Islamic option) that confers on either party to a commutative contract (e.g., contract of sale, ijarah, etc) the...

Kafalah bil Mal

A type of guaranty (suretyship) that involves securing debts (duyun) and financial obligations (iltizamat maliyah). Kafalah bil mal can be...

Kafalah

A contract of guarantee/ suretyship which is used to provide assurance as to performance or liabilities. In other words, kafalah...

Kafalah bil Nafs

A type of guaranty (kafalah) that involves securing a person's physical presence at a specified place and time. It is...

Khatar

A type of gharar (uncertainty) that arises if liability of any of the parties to a commutative contract (aqd mu’awadhah)...

Khiyar al-Istihqaq

A khiyar (option) which comes into effect if the buyer becomes entitled to the whole object of sale or part...