Arabic (ربا مباشر) for direct riba. It constitutes an increment that a lender receives over and above the principal amount…

A hawala that involves the transfer of the right to claim from one creditor to another. The new creditor replaces…

In the context of Islamic financial mua’amalat, an aqd lazim (عقد ملزم) refers to a valid and effective contract (aqd)...

In the context of Islamic financial mua’amalat, an aqd lazim (عقد لازم) refers to a valid and effective contract (aqd)...

In the context of Islamic financial mua’amalat, an aqd ghair lazim (عقد غير لازم) refers to a valid and effective...