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Qabd Haqiqi

An Arabic term (قبض حقيقي) that means taking actual possession of an object of sale or exchange, an amount of...

Qabd Fe’eli

An Arabic term (قبض فعلي) that means taking actual possession of an object of sale or exchange, an amount of...

Khiyar al-Radd bil Ayb

Arabic (خيار الرد بالعيب) for an option (khiyar) to return an object of sale to the seller due to defect...

Khiyar al-Taghreer

Arabic (خيار التغرير) for option (khiyar) to revoke (a contract- aqd) on grounds of deception (taghreer); it is the right...

Redeemable Capital

Capital (ras al-mal) that is received on a profit-sharing basis or participation basis (musharakah). This capital has the characteristics of...

Khiyar al-Royah

A khiyar (option) whereby the buyer has the right either to consummate the contract of sale (aqd al-bai) or revoke it...

Zakah on Investment Funds

Fund management is not required to pay zakah on the assets of the fund unless if it is mandatory by...

Heyazah

Arabic (حيازة) for the holding or acquisition of an object, usually a commodity, asset, currency, etc, for a specified or...

Khiyar al-Qabul

Arabic (خيار القبول) for option (khiyar) that both parties to a contract (aqd) have, prior to the expression and communication...

Khiyar al-Ta’yeen

A type of khiyar (option) which comes into effect if the parties to the contract of sale (aqd al-ba'i) mutually...