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Ijarah Mawsufah Fi Zimmah

A type of ijarah which involves the sale of a clearly specified underlying asset, which is currently being produced or...

Uqud al-Muawadhat

Arabic (عقود المعاوضات) for commutative contracts (contracts of exchange). A type of contracts (uqud- plural of aqd) whereby ownership is...

Uqud al-Hifz

Arabic (عقود الحفظ) for a category of contracts (uqud/ aqd) that are designed for protection or safeguarding of property (mal)....

Sighah

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

Uqud Musammat

A class of contracts to which shari’a has assigned specific names and handled in details their respective rules and stipulations....

Uqud al-Itlaqat

Arabic (عقود الإطلاقات) for contracts (uqud- plural of aqd) that involves removal of restrictions to disposal or conduct. These contracts...

Uqud al-Ishtirak

Arabic (عقود الإشتراك) for contracts (uqud- plural of aqd) that entail sharing in ventures/ businesses and profits (ribh) through specific...

Ju’alah

In Islamic finance, ju’alah (also spelled ju'ala), in Arabic script جعالة, is a contract (aqd) whose subject matter is a...

Muqayadha

A mode of trading (mutajara) which involves the exchange of one asset for another without resorting to a medium of...

Itihad Majlis al-Aqd

Arabic (اتحاد مجلس العقد) for unity of time and place of a contracting session (majlis al-aqd). That implies that both...