According to the Hanafi school of thought (mazhab), a category of mal that has no value from the perspective of Islamic shari’a. All items in this category cannot be as subject matters in lawful transactions such as sale (ba’i), lease (ijarah), pledge (rahn), and gift (hibah). It is impermissible that Muslims own or transfer such items in whatever form of transaction (whether through commutative contracts or noncommutative contracts). Examples of mal ghayr mutaqawwim include pork, alcohol, riba-based loans, conventional bonds, etc.

Mal ghayr mutaqawwim is Arabic for legally worthless property (legally valueless items).