A type of partnership (musharaka) in which one party (a land owner) presents a treeless piece of land to another...
Certificates of equal value (sukuk) which are issued on the basis of mugharasa contract (aqd al-mugharasa) for the purpose of...
A shari’a classification of hukum (or hukm) which includes all recommended or desirable actions whose fulfillment is rewarded or praiseworthy,...
The amount of money which is paid to the seller in a murabaha transaction upon the request of the purchase...
The party who provides liquidity to the seeker of liquidity (mutawarriq/ mustawriq) in a tawarruq (Islamic monetization) transaction. In Arabic...
In Islamic finance, muwa'adah, or mutual promising or bilateral promising, refers to a promise which is issued by a counterparty...
Arabic (Øجر) for interdiction (of a person). It is a legal action preventing a person from disposing of his/her wealth....
One of the categories of maslaha or human needs that corresponds to basic necessities of life, including food, shelter, clothes,...
An Arabic word that carries the meaning of pretext, ploy, ruse, alleged reason, means, and so on. In Arabic script,...
In general, it refers to all sources of damage, detriment, harm, or loss inflicted by an individual on others or...
