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Moderate Gharar

A type or degree of gharar that is a mid-range between excessive gharar (gharar fahish) and minor gharar (gharar yasir/...

Minor Gharar

A small amount of gharar (also gharar qalil or gharar yasir/ gharar yaseer) that cannot be avoided due to the nature of the...

Mudarabah

One of the essential modes of profit/loss-sharing in Islamic finance, which is based on the concurrence of capital providers (called...

Mahall al-Aqd

Arabic (محل العقد) for subject-matter of the contract (aqd)- i.e., the value and countervalue (amwal) exchanged in a contract (specifically...

Musawamah Sale

Arabic (بيع المساومة) for bargaining sale. In Islamic finance, it refers to the selling of a commodity at an agreed...

Musaqah

A partnership (sharikah) in which one party presents designated plants/ trees that produce edible fruits to another party (irrigating worker-...

Musaqat

A partnership (sharikah) in which one party presents designated plants/ trees that produce edible fruits to another party (irrigating worker-...

Mal Mutaqawwim

According to the Hanafi school of thought (mazhab), a category of mal that is capable of legal (shari'a-compliant) ownership and...

Mal Mutaqawwem

According to the Hanafi school of thought (mazhab), a category of mal that is capable of legal (shari'a-compliant) ownership and...

Muratala

According to Maliki school, it is a trade or exchange of money for money (coins for coins) of the same...