A type of waqf (Islamic endowment) whose initiation or dedication of its property (mawqoof) is conditional- i.e., subject to (fulfillment...
A type of waqf (Islamic endowment) that is contingent on a future event, or an event that does not exist...
A type of waqf (Islamic endowment) that is contingent on a future event, or an event that does not exist...
An investor, natural or legal person, that bears the certificate of sukuk entailing ownership (ownership stake) in the underlying assets...
A market player (such as an Islamic financial institution, IFI, or any other specialized entity) that creates the underlying asset...
An istisna’a contract in which one counterparty (the seller or the buyer) is also a counterparty to a previous istisna’a…
It stands for restricted investment account, which is an Islamic investment account which is subject to certain restrictions imposed by…
An amount that is taken out of an Islamic bank’s income (mudaraba income, investment account holders’ income, etc) as a…
Arabic (ركاز)- singular of rakaiiz– for all valuable objects underground. It includes all treasures (gold, silver, precious stones, etc.) whether…
Arabic (ركن) for one of the pillars/ elements/ cornerstones of a contract (aqd- عقد). The primary arkan (pl. of rukn)...