Arabic (عقد التمليك) for contracts (aqd) that entails acquisition (or transfer) of ownership (mulkiyyah). This involves properties and rights (huquq)…
The act or process of taking risk, whether intentionally or unintentionally. In its juristic sense, mukhatara is a condition for…
A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…
From the Arabic term “bai al-ikhtiyar“. According to Malikis, it is a sale (ba’i) in which the buyer has the…
Arabic (مرابØØ© عكسية) for reverse murabahah (cost-plus sale). It is an Islamic cash financing mechanism involving situations where one party purchases…
The process whereby a partner gives his share in a piece of real estate to another partner in exchange for…
A type of sukuk whose underlying contract is musharakah, and as such have a relatively stable rate as compared to…
A contract/ aqd (on an entity- e.g., an Islamic bank) in which the unavoidable costs of meeting the obligations under...
An Arabic term (أجر مسمى) that generally translates as stipulated remuneration, wage, recompense, consideration, commission, rate, price, or fees, among...
A commitment (on an entity- e.g., an Islamic bank) in which the unavoidable costs of meeting the obligations under the...
