Search
Generic filters
Filter by Categories
Accounting
Banking

Islamic Finance




Bay al-Mubadalah


A type of sale (bay’) that involves the exchange of one commodity for another without using a medium of exchange (i.e., money). In this sense, it has the same meaning of bay’ al-muqayadhah (barter sale). Bai al-mubadala may also refer to a sale transaction in which the sale price is equal to the original acquisition price (i.e., bay’ al-tawliyah or par value sale).

This sale (in Arabic script بيع المبادلة) may also refer to the exchange of dirhams and dinars based on their quantities rather than on their count.



ABC
The last three decades have witnessed the modern rebirth of Islamic finance both in terms of literature and practice. Islamic banks and ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*