Arabic (أهلية الأداء الكاملة) for being completely eligible for taklif/ takleef, i.e., the capacity (ahliyyah) of a person to enjoy...
Arabic (فرض الكفاية) for collective obligation. It is an act that is obligatory only for the community (Islamic ummah) in…
An agency contract (aqd al-wakalah) that does commence or comes into effect at a preset, tentative, or foreseen future date.…
Arabic (فرض عين) for individual duty or obligation. It is an act that is compulsory for every competent Muslim (man…
In its literal meaning, fodhooli refers to a person who interferes in matters that are none of his business. Technically,…
Arabic for obligation or duty. In this sense, and in usul al-fiqh, fardh (فرض) encompasses all acts considered by shari’a…
A fatwa that was issued based on consensus reached by companions (sahaba) of the Prophet (pbuh), particularly the four orthodox…
It stands for profit equalization reserve; a reserve that is created by an Islamic bank by appropriating a specific amount…
A rent or wage amount or consideration that is determined by an arbitrator or judge (if disputed), or with respect…
Arabic (ربا غير مباشر) for indirect riba. It is a type of riba that arises from the simultaneous exchange of…