Arabic (مقتضى العقد) for objective or purpose of the contract (aqd). It reflects the combination of form (awsaf al-aqd) and...

Arabic (مقايضة) for a mode of trading (mutajarah) which involves the exchange of one asset for another without resorting to...

Arabic (مقتضى العقد) for objective or purpose of the contract (aqd). It reflects the combination of form (awsaf al-aqd) and...

A partnership (sharaka/ sharika) in which one party (land owner) presents a treeless piece of land to another (planter) in...

Arabic (مناهدة) for an undertaking or commitment to contributing or donating towards a common purpose or endeavor. Originally, it was...

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

Arabic (مراطلة) for the sale (ba'i or bay') in which a type of money (naqd) is exchanged for money of...

An excessive degree of gharar that renders a contract or transaction void from a shari'a point of view. Gharar represents...

Arabic (مصلحة عامة) for public good or public benefit or public interest. According to shari'ah, all economic activities should take...

Arabic (مصلحة) for a juristic device that is usually used to promote public interest/ benefit/ welfare and prevent or repel...