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Promissory Note

A type of commercial paper that constitutes a certificate whereby the issuer promises to pay a specific amount of money…

Ba’i al-Thaman bil Thaman

The sale of a monetary amount (thaman or naqd) in exchange for another monetary amount (thaman or naqd). More specifically,...

Al-Muratala

According to Maliki school, it is a trade or exchange of money for money (coins for coins) of the same...

Al-Muratalah

According to Maliki school, it is a trade or exchange of money for money (coins for coins) of the same...

Muratala

According to Maliki school, it is a trade or exchange of money for money (coins for coins) of the same...

Muratalah

According to Maliki school, it is a trade or exchange of money for money (coins for coins) of the same...

Bay’ al-Sarf

A sale (bay) contract that involves the exchange of a monetary item (gold, silver, currency) for another monetary item, or...

Bay’ al-Athman

A sale (bay) contract that involves the exchange of a monetary item (gold, silver, currency) for another monetary item, or...

Ba’i al-Athman

A sale (ba'i) contract that involves the exchange of a monetary item (gold, silver, currency) for another monetary item, or...

Ba’i al-Sarf

A sale (ba'i) contract that involves the exchange of a monetary item (gold, silver, currency) for another monetary item. In...