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Banking

Amanah

A deposit (wadi'ah) in trust (by one person or counterparty with another), whether explicitly by way of contract or implicitly...

Amanah Contract

A shari'a-nominated contract (nominate contract) that is based on trust or honesty as to the dealing between the two parties....

Yadd Amanah

A situation where a person takes possession (hiyazah) of an object or a form of wealth (mal) as a proxy/...

Fiduciary Risk

The risk that arises from failure or inability to operate in accordance with the norms and standards of fiduciary responsibilities....

Fiduciary Contract

A contract (aqd) where a party transfers the ownership of an asset to another party, known as the fiduciary (a...