A type of sale (bay') that involves the exchange of one commodity for another without using a medium of exchange...
A mode of trading (mutajara) which involves the exchange of one asset for another without resorting to a medium of...
An Islamic finance treasury arrangement that an Islamic bank and a counterparty enter into for the purpose of foreign exchange...
An Islamic finance alternative to option contracts (conventional options). By definition, it is a shari'ah compliant form of contract which...
Arabic (اتØاد مجلس العقد) for unity of time and place of a contracting session (majlis al-aqd). That implies that both...
Arabic (أركان العقد) for pillars/ elements/ cornerstones of a contract (aqd- عقد). The primary arkan (sing. rukn) of a contract...
Arabic (مجلس العقد) for contracting session or contract assembly or meeting or place. It is anywhere two parties or more...
The process of issuing certificates that represent debts and loans (generally any type of obligations). The issued certificates (or securities)...
An Arabic term that denotes restricted mudarabah; a mudarabah contract that is used in conjunction with restricted investment accounts (RIAs),...
An Arabic term that denotes unrestricted mudaraba; a mudaraba contract which is related to investment accounts in which the account...
