Arabic (صيغة) for contractual formula (formula of a contract/ aqd). A formal exchange of offer/proposal (ijab or 'ardh) and acceptance...

Certificates of equal value (sukuk) that are issued for the purpose of mobilizing funds to be used in the production...

From the Arabic term "ba'i al-istighlal". According to latter-day Hanafi scholars, it is a type of sale (ba’i) in which...

English for ba'i al-inah (also ba'i al-einah); a contract that involves the sale and buy back of an object (commodity,...

The governance framework which consists of a distinct set of elements (pertaining to Shari'a governance), compared to conventional governance framework,...

A type of partnership (sharikah/ sharika) which basically involves joint ownership (mulk in Arabic) by two or more persons in...

Shari’a (shari'ah) holds the center stage of Islamic religion as it defines the route Muslims have to follow in matters...

The criteria and guidelines that are used by shari'a-compliant equity indexes to verify that their stocks meet the screening requirements...

In principle, shari'ah permits investment and trading in equities (shares of stock). However, shari'ah excludes the shares of companies that...

A legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed for the sole purpose of achieving...