Arabic (وقف منقول) for movable endowment (waqf). It is a type of waqf in which the subject matter (mawqoof) is...

Arabic (وقف غير منقول) for immovable endowment (wakaf). It is a type of wakaf (waqf) in which the subject matter...

The separation of an entity's assets or profits (or return on assets) financially without necessarily having it operated as a...

A type of musharaka that employs the concept of running finance (RF); it is an alternative to running finance that…

The capital that is provided by rab al-mal in a mudaraba contract. Put another way, it is the amount of…

Arabic (وقف غير منقول) for immovable endowment (waqf). It is a type of waqf in which the subject matter (mawqoof)...

Arabic (محاباة) for deference in a transaction. More specifically, it means a favor extended in an exchange-based transaction, either by…

An Arabic term (مخرج شرعي) for shari’ah-compliant alternatives or solutions or way-out to come around a prohibition or a deadlock…

In general, it refers to all sale transactions that are executed on a commercial basis (i.e., for the sake of…

According to the Hanbali school of thought (mazhab), monetization (or in Arabic “tawarruq“) is the process of purchasing a commodity…