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Tafreet

An Arabic term (تفريط) that literally translates as failure to do the needful or what ought to be done. In...

Tafrit

An Arabic term (تفريط) that literally translates as failure to do the needful or what ought to be done. In...

Taaddi

Arabic (تعدي) for breach of contract or failure to perform a duty. In the context of Islamic financial/ business transactions,...

Taadi

Arabic (تعدي) for breach of contract or failure to perform a duty. In the context of Islamic financial/ business transactions,...

T1 Sukuk

It stands for tier-1 sukuk; a classification of sukuk that constitutes part of the first or core layer of a...

TVM

It stands for time value of money; in principle, time, per se, has no economic value. However, time has value...

Time Value of Money

In principle, time, per se, has no economic value. However, time has value only when it is associated with real...

Trade Riba

A type or category of riba that arises from any excess consideration over and above the amount of a loan...

Taskeek

The process of issuing certificates that represent debts and loans (generally any type of obligations). The issued certificates (or securities)...

Touch Sale

A type of sale (bay’) that was particularly popular in the days of early Islam and pre-Islam, where the buyer...