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Wakalah bil Ajr

Arabic (وكالة بالأجر) for paid agency; a wakalah in which remuneration (ajr or iwadh) is explicitly stipulated and specified in...

Waqf ala al-Nafs

Arabic (وقف على النفس) for self-dedicated waqf; a form of waqf (Islamic endowment) in which the ghallah/ income/ usufruct of...

Waqf Khayri

Arabic (وقف خيري) for charitable waqf; a type of waqf whose proceeds are used to serve a specific group of...

Waqf Ahli

A type of waqf (endowment) in which a person (waqf initiator- waqif) designates oneself or some specified individuals as the...

Waqf al-Fuduli

Arabic (وقف الفضولي) for endowment by an uncommissioned donor or founder of waqf (waqif). The uncommissioned waqif unilaterally acts on...

Waqf Mubashar

A form of waqf (Islamic endowment) in which the output takes the form of services offered to the benefit of...

Wakalah Plus

A banking loan (qard) that capitalizes on the contract of wakalah (wakalah bil-istithmar). It is done through the advance payment of profit...

Window

An entity that operates as part of another entity (a conventional financial institution such as a bank) solely for provision...

Waqf Sukuk

Arabic (صكوك الوقف) for endowment sukuk; sukuk which use waqf (waqf assets – mawqoof) as underlying asset. In this sense,...

Wakalah Sukuk

Arabic (صكوك الوكالة) for agency certificates; a type of sukuk (pl. of sakk) in which the underlying contract is wakalah....