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Wakalah Venture

Under wakalah bil-istithmar (investment agency), it is an investment in transferable investments or single-asset or pooled-assets investments where such investments,...

Wakalah Muqayyadah

Arabic (وكالة مقيدة) for restricted agency/ restricted wakalah; an agency contract (aqd al-wakalah) that the principal (muwakkel) restricts the acts...

Wakalah Mulzimah

Arabic (وكالة ملزمة) for a wakalah contract (aqd al-wakalah) that is binding on either party or both. While wakalah is...

Wakalah bil-Istithmar

A method (Arabic for وكالة الاستثمار) whereby Islamic financial institutions manage funds on behalf of their customers. This involves providing...

Wakalat al-Istithmar

A method (Arabic for وكالة الاستثمار) whereby Islamic financial institutions manage funds on behalf of their customers. This involves providing...

Wakalatul-Istithmar

A method (Arabic for وكالة الاستثمار) whereby Islamic financial institutions manage funds on behalf of their customers. This involves providing...

Wasaq

An Islamic weight measurement unit that is equivalent, according to the majority of fuqaha (jumhoor) except Abu Haneefah, to 130.56...

Waqf al-Zakah

Zakah, as a type of ibadah, is concerned with money, wealth or property. By definition, it is an amount of...

Waqf al-Zakat

Zakat, as a type of ibadah, is concerned with money, wealth or property. By definition, it is an amount of...

Waad

In Islamic finance, wa'ad, or promise, refers to an obligation issued by one counterparty, such as a potential purchaser or purchase...