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What is the Difference Between Muzara’a and Mukhabara?

Muzara'a (مزارعة) is a cultivation (plantation) partnership between a land owner and a farmer in which the former provides a...

What Is the Difference Between Murabahah and Qard Ribawi?

Murabahah is one of the most popular financing modes used by Islamic banks and financial institutions. It is type of...

What Is a Limit Option?

A limit option is, by definition, an exotic option whose payoff depends on whether the underlying asset price reaches a...

What Is the Difference Between Syarikat al-Aqd and Syarikat al-Mulk?

Syarikat al-aqd is a type of syarikah (partnership) that is formed by means of mutual agreement between two or more...

What Is The Difference Between Significance and Materiality?

The term "significance" (i.e., the state of being significant) implies anything (e.g., an amount, occurrence, transaction, etc.) that has the...

What Are the Stages of a Murabaha Contract?

Murabaha (cost-plus sale) is a type of ba’i (sale) in which the seller is under obligation to reveal the actual...

What Is the Difference Between Sharikat al-Aqd and Sharikat al-Mulk?

Sharikat al-aqd is a type of sharikah (partnership) that is formed by means of mutual agreement between two or more...

What is the Difference Between Ju’alah and Ijarah?

Ijarah, by definition, is a contract of lease whose subject matter is a known service (khedmah), and in which the...

What Is Organizational Meeting in Investment Banking?

A meeting that sets the initial public offering (IPO) process in motion by bringing together representatives of the company, its...

What Is the Difference Between Waqf and Sadaqa?

Waqf is a charitable trust (Islamic endowment) that is formed for some divine/noble cause/purpose such as worship (mosques/ masajid), education...