Arabic (إقالة) for cancellation of a contract (aqd); a bilateral agreement of the contracting parties to not proceed with the...

In Islamic fiqh, fadhalah (or fadalah) refers to the act(s) of al-fodhouli (al-fuduli), i.e., a person (natural or legal) who transacts (e.g. sells, rents, etc)...

In Islamic fiqh, fadhalah (or fadalah) refers to the act(s) of al-fodhouli (al-fuduli), i.e., a person (natural or legal) who transacts (e.g. sells, rents, etc)...

A valid condition, i.e., a contractual stipulation that is permissible (under shari'ah) and binding on the parties to the contract...

A condition / contractual stipulation that renders the contract (aqd) in which it was stipulated a defective contract (i.e., though...

A type of musharakah (establishing a sharikah) in which the partners' shares in the sharikah capital don't change throughout the musharakah tenor. Rather, the...

A type of musharaka (establishing a sharika) in which the partners' shares in the sharika capital don't change throughout the musharaka tenor. Rather, the...

A contract (aqd) which is contingent on a specified event or action. More specifically, aqd mawquf becomes effective only if...

In Islamic finance, wa'ad, or promise, refers to an obligation issued by one counterparty, such as a potential purchaser or purchase...

The state in which a contract (aqd) is devoid of any option (khiyar) that may allow one of its parties...