Arabic (صيغة العقد) for contractual formula (formula of a contract/ aqd). A formal exchange of offer/ proposal (ijab or 'ardh)...

Arabic (شرط) for a condition or stipulation in a contract (aqd). Examples of shart (plural: shurut) include a lease with…

Arabic (ركن) for one of the pillars/ elements/ cornerstones of a contract (aqd– عقد). The primary arkan (pl. of rokn)…

Arabic (ربا القروض) for riba associated with lending and borrowing (i.e., received in lending or paid in borrowing). It is…

Arabic (عقد الإشتراك) for a contract (aqd) that entails sharing in ventures/ businesses and profits (ribh) through specific partnership (sharakah/sharikah).…

Arabic (عقد مضاف إلى المستقبل) for a contract (aqd) which comes into effect at a specific date in the future.…

Arabic (عقد التمليك) for contracts (aqd) that entails acquisition (or transfer) of ownership (mulkiyyah). This involves properties and rights (huquq)…

A contract/ aqd (on an entity- e.g., an Islamic bank) in which the unavoidable costs of meeting the obligations under...

Arabic (وكالة مؤقتة) for temporary wakalah/ temporary agency; a wakalah contract (aqd al-wakalah) that has a time limit on its…

A wakalah contract (aqd al-wakalah) that is binding on either party or both (wakalah mulzimah). While wakalah is essentially not…