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

Gharar (غرر) is the hazard or uncertainty that arises due to a state of ambiguity engulfing the subject matter (object...

A loan (qard) is a fungible item (including money) that is transferred from one party (the lender) to another (the...

An act of transgression- i.e., going against the limits or rules set by shari'a. An example of ta'addi (تعدي) is...

Qardh (قرض) is the transfer of ownership in fungible wealth (mal mithli) from one person to another so that it...

Qard (قرض) is the transfer of ownership in fungible wealth (mal mithli) from one person to another so that it...

Generally, ba’i (or sale) involves the transfer of ownership against payment of the thaman (price), while ijarah is based on...

Ghubn (غبن) denotes the meanings of fraud, inequality, deceit, cheating, etc. In the context of mu’amalat, ghubn may arise from...

The coupon equivalent rate is a measure of yield that is typically used to make discount instruments (ones that are...

Financial synergy is a type of synergies that results from lowering the cost of capital of by combining two or...