Arabic (تخصيص) for allocation of a public property for public use/ utility. This happens when government authorities earmark and allocate…

Arabic (إرصاد) for allocation of a public property for public use/ utility. This happens when government authorities earmark and allocate…

Arabic (ديون) for debts (plural of dain or dayn); a dain (دين) comes into existence as a result of a...

Arabic (إقالة العقد) for the revocation of a contract (aqd) (which is, nevertheless, a valid contract) by mutual agreement of...

Arabic (مجلس العقد) for contracting session or contract assembly or meeting or place. It is anywhere two parties or more…

Shari’a takes center stage of Islam, as a religion, as it defines the route Muslims have to follow in matters...

Literally, it refers to anything that is missing, unavailable, or nonexistent. Technically, it is used in conjunction with a contract…

It stands for additional tier-1 sukuk; the additional proceeds from a sukuk issuance that are used to enhance an entity's...

The additional proceeds from a sukuk issuance that are used to enhance an entity's main sources of liquidity and meet...

A modern application of guaranties that constitutes a guaranty issued by a bank on behalf of a local merchant, securing…