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Shari’ah-Compliant Crowdfunding

A funding mechanism whereby money is raised from a large number of people (the crowd), using an online network, in...

Sa’a

Arabic (صاع) for a small container; it is an Islamic weight measurement unit (measurement of volume) that is equivalent, according...

Subordinated Sukuk

A type of sukuk structure in which sukuk certificates give sukuk holders residual claim over the assets financed by their funds. This claim ranks...

Sharikat al-Abdan

A subset of sharikat al-aqd (contractual partnership) in which two persons or more agree to cooperate and work together for the purpose...

Sale Under Duress

In the lexicon of Islamic finance, it is English for ba'i al-mudtarr. By definition, it is a type of sale (ba'i)...

Sukuk

Plural of sakk, which refers to an Islamic financial certificate representing undivided, partial ownership in a debt (sukuk al murabaha),...

Sadaqah

A voluntary act (nafelah) that involves giving or donating to a person or charity. By nature, sadaqah (in Arabic script...