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Simple Mudaraba

A type of mudaraba (مضاربة) that involves a bilateral relationship between one worker (mudarib) and one provider of funds (rab...

Sukuk al-Salam

Sukuk al-salam (singular: salam sakk) are certificates of equal value (sukuk) which are issued in order to raise salam capital....

Salam Sukuk

Salam sukuk (singular: salam sakk) are certificates of equal value (sukuk) which are issued in order to raise salam capital....

Salam

Arabic (سلم) for the sale of a commodity that will be delivered at a future date for a specific price...

Sharikat al-‘Inan

Arabic (شركة العنان) for a partnership (musharaka) that is formed by two or more parties, each of them contributes a...

Sharikat al-Amal

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

Service Agency Agreement

An item of sukuk documentation which constitutes an agreement between the seller and a special purpose vehicle (SPV) or the...

Shart Batil

Arabic (شرط باطل) for a shart (condition) in a commutative contract that leads to an impressible outcome (haram). For example,...

Sharikat al-A’maal

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

Sharikat al-Aqd

Arabic (شركة العقد) for a type of sharikah (partnership) that is formed by means of mutual agreement between two or...