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Aqd al-Ijara

A contract (aqd) of a designated usufruct (manfa'a) of a specified property/ asset/ labor or effort for a specified time...

Aqd al-Ijarah

A contract (aqd) of a designated usufruct (manfa'ah) of a specified property/ asset/ labor or effort for a specified time...

Ijarah

A type of lease/ leasing that is compliant with shari'ah. It is a contract (aqd) of a designated usufruct (manfa'ah)...

Ijarah Contract

A contract (aqd) of a designated usufruct (manfa'ah) of a specified property/ asset/ labor or effort for a specified time...

Haq al-Tamalluk

Arabic (حق التملك) for ownership right or a person’s right to own. It is a right (haq) established and recognized...

Ajr al-Mithl

A rent or wage amount or consideration (ajr) that is determined by an arbitrator or judge (if disputed), or with...

Thaman al-Mithl

The market price (thaman) that is quoted for an item similar to another, with both having identical or similar features....

Mustahabb

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

Mandub

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

Fiduciary Risk

The risk that arises from failure or inability to operate in accordance with the norms and standards of fiduciary responsibilities....