A general Arabic term (مال) that denotes wealth, property, money, funds, or any valuable things (intangibles included) that can be...

Arabic (تكافل) for an Islamic concept and practice which draws its basics and rules from the two supreme sources of...

The process of coming up with a new ruling (hukm) for which there is presently no specific illah or effective...

An Arabic term (خلابة) that literally translates as "misleading marketing". The seller, practicing khalabah, pursues unknowledgeable and unaware clients by...

The process of verification of the existence of illah and effective cause (ratio legis) in an individual case, after having...

Arabic (مرابحة) for an Islamic mode of trading and financing which constitutes an absolute sale (ba'i mutlaq), i.e. the sale...

A qard is a non-interest paying loan that gives the borrower the right to use the loan amount for a...

A type of ijarah which involves the sale of a clearly specified underlying asset, which is currently being produced or...

Arabic (مرابحة) for an Islamic mode of trading and financing which constitutes an absolute sale, i.e. the sale of “asset...

Another name for mudaraba (mudarabah/ mudharaba/ mudharabah); by definition, it is a partnership (sharakah) in profit whereby one party (rab...