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Maysir

Arabic (ميسر) for gambling or broadly any activities or transactions involving a gambling element. In relation to contracts (commutative contracts),...

Murabaha Guarantee

In a murabaha to the purchase orderer (MPO) transaction, it is permissible for the purchaser (creditor) to ask the purchase...

Murabaha lil Waaed bil Shira

An Arabic term (المرابحة للواعد بالشراء) that translates as murabaha to the purchase orderer (or wa'aed- the promisor or provider...

Murabahah to the Purchase Orderer

A murabaha transaction wherein the Islamic bank purchases an asset/ commodity, upon the request of a customer, from a third-party...

Murabaha Syndication Transaction

A murabaha transaction between a purchaser and an investment agent (wakil bil istithmar) acting as mudarib or investment agent on...

Murabaha Commissions and Expenses

An Islamic bank or financial institution entering into a murabaha transaction as a financier (actually both as a seller and...

Murabaha lil Amer bil Shira

An Arabic term (المرابحة للآمر بالشراء) which translates as murabaha to the purchase orderer. It is a murabaha transaction wherein...

Munajazah

The process of both the buyer and seller taking possession of their respective subject-matter of the contract. In other words,...

Munaqalah

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

Munajaza

The process of both the buyer and seller taking possession of their respective subject-matter of the contract. In other words,...