A type of partnership contract (aqd al-musharakah) in which the owner of an orchard (bustan- in Arabic script: بستان) agrees...

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

A shari’a classification of hukum (or hukm) which includes all recommended or desirable actions whose fulfillment is rewarded or praiseworthy,...

A type of ijarah which involves the sale of a clearly specified underlying asset, which is currently being produced or...

The amount of money which is paid to the seller in a murabaha transaction upon the request of the purchase...

Arabic (عقود المعاوضات) for commutative contracts (contracts of exchange). A type of contracts (uqud- plural of aqd) whereby ownership is...

Arabic (عقود الحفظ) for a category of contracts (uqud/ aqd) that are designed for protection or safeguarding of property (mal)....

The party who provides liquidity to the seeker of liquidity (mutawarriq/ mustawriq) in a tawarruq (Islamic monetization) transaction. In Arabic...

In Islamic finance, muwa'adah, or mutual promising or bilateral promising, refers to a promise which is issued by a counterparty...

Arabic (صيغة) for contractual formula (formula of a contract/ aqd). A formal exchange of offer/proposal (ijab or 'ardh) and acceptance...