A structure that bears resemblance to a conventional option (khiyar taqlidi). However, this structure uses wa'ad (promise) in a specific...

A type of sale (bay’), prevalent in pre-Islamic times, in which the object of sale was determined as the one...

A type of partnership (musharaka) in which one party (a land owner) presents a treeless piece of land to another...

Certificates of equal value (sukuk) which are issued on the basis of mugharasa contract (aqd al-mugharasa) for the purpose of...

Arabic (بيع المصراة) for a manipulative transaction which involves the sale (ba'i) of a cow, she-goat, or ewe, with its...

A type of sale (bay') in which grains in ears are sold for dry (processed) grain. For example, this sale...

An Arabic term (بيع) that translates as “sale” or "selling". It refers to any agreement between two parties: the seller...

A sukuk structure that involves granting the investor (sukuk holder) a share of a tangible asset or business venture along...

An exchange of two counter-values (badalain) such as price for commodity (ba'i), currency for currency (sarf), price for usufruct (ijara),...

Certificates of equal value (sukuk) that are issued for the purpose of using the funds mobilized from subscribers in growing...