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Mukhatara

The act or process of taking risk, whether intentionally or unintentionally. In its juristic sense, mukhatara is a condition for…

Murabahah ‘Aksiyah

Arabic (مرابحة عكسية) for reverse murabahah (cost-plus sale). It is an Islamic cash financing mechanism involving situations where one party purchases…

Munaqala

The process whereby a partner gives his share in a piece of real estate to another partner in exchange for…

Musharakah Term Finance Certificate

A type of sukuk whose underlying contract is musharakah, and as such have a relatively stable rate as compared to…

Ma’adoom

Literally, it refers to anything that is missing, unavailable, or nonexistent. Technically, it is used in conjunction with a contract…

Muslim Crowdfunding

A form of financing that involves the combination of Islamic finance with crowdfunding so as to address financing needs of…

Mu’amalah

Another designation for mudarabah (mudarabah/ mudharaba/ mudharabah); by definition, it is a partnership (sharakah) in profit whereby one party (rab…

Mu’amalat

In its general meaning, mu'amalat (معاملات) denotes transactions, dealings or deals, trades, etc. It covers all economic transactions and activities...

Mawqoof

Arabic (موقوف) for waqf assets/ properties. In other words, mawqoof constitutes assets/ properties dedicated by the waqf donor/ waqf founder…

Mawquf

Arabic (موقوف) for waqf assets/ properties. In other words, mawqoof constitutes assets/ properties dedicated by the waqf donor/ waqf founder…