An Arabic term (سلم موازي) that denotes parallel forward delivery sale (parallel salam). It is a salam contract in which…

A salam contract in which the seller (the short) or the buyer (the long) in the original (previous) salam becomes…

Also ba'i al-salam. In Islamic finance, it refers to a type of sale in which payment for future-delivery goods is...

Another name for bay al-salam; by definition, it is a type of sale (bay’), which is an exception to the…

The object of a salam contract (aqd al-salam) which is exchanged for the price (thaman or ras-ul-mal). It is the...