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

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

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

A hedging process/ mechanism that is used or offered by Islamic banks and financial institutions to help mitigate a specific...

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

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

A type of sale (ba'i or bay') in which the price (thaman) is set equal to the original acquisition price...

An action that allows free disposal of something. In a contract of sale (ba'i), this involves allowing the buyer to...

An action that allows free disposal of something. In a contract of sale (ba'i), this involves allowing the buyer to...

An agency contract (aqd al-wakalah) that has a time limit on its term. In other words, the contract (aqd) is...