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Takhrij al-Manat

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

Tahqeeq al-Manat

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

Taqrir

Arabic (تقرير) for tacit approval. It refers to what the Prophet Muhammad (pbuh) approved, verbally or silently, in the actions...

Tawarruq

A transaction whereby a person buys an asset/ commodity from a seller on the basis of deferred payment, whether through...

Tahsiniyyat

A distinct category of maslaha or human needs that refers to things and activities that refine and embellish people's lives....

Tier-1 Capital Sukuk

A classification of sukuk that constitutes part of the first or core layer of a bank's capital (core capital), which,...

Tier-1 Sukuk

A classification of sukuk that constitutes part of the first or core layer of a bank's capital (core capital), which,...

Tier-2 Capital Sukuk

A classification of sukuk that constitutes part of the second or supplementary layer of a bank's capital (core capital), which,...

Tradable Sukuk

Sukuk that represent tangible assets (also, usufructs and services) or proportionate ownership of a venture or investment portfolio. Generally, sukuk...

T2 Sukuk

A classification of sukuk that constitutes part of the second or supplementary layer of a bank's capital (core capital), which,...