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Aqd al-Wakalah

In Islamic finance, agency (wakalah, وكالة in Arabic) is a contract (aqd) between two counterparties: an agent (wakeel) and principal...

Restricted Wakalah

An agency contract (aqd al-wakalah) in which the principal (muwakkel) restricts the acts or discretion of the agent (wakil). For...

Agency Repo

A type of repo (repurchase agreement) which involves lending of agency securities such as mortgage-backed securities (MBS) collateralized by residential...

Ba’i al-Fuduli

The uncommissioned agent or al-fodhouli (also spelled al-fodooli/ al-fuduli) is a person who intervenes or interferes in others' affairs without...

Unrestricted Wakalah

An agency contract (aqd al-wakalah) in which the principal (muwakkel) does not place any restrictions on the acts or discretion...

Al-Fadhalah Contract

In Islamic fiqh, fadhalah (or fadalah) refers to the act(s) of al-fodhouli (al-fuduli), i.e., a person (natural or legal) who transacts (e.g. sells, rents, etc)...

Aqd al-Fadhalah

In Islamic fiqh, fadhalah (or fadalah) refers to the act(s) of al-fodhouli (al-fuduli), i.e., a person (natural or legal) who transacts (e.g. sells, rents, etc)...

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,...

Temporary Wikala

An agency contract (aqd al-wikala) that has a time limit on its term. In other words, the contract (aqd) is...

Temporary Wikalah

An agency contract (aqd al-wikalah) that has a time limit on its term. In other words, the contract (aqd) is...