The valuation of an asset at fair value (i.e., without selling, or dispose of, it). For example, mudaraba capital provided...

The valuation of an asset on the basis of the proceeds of sale at the prevailing market price (i.e., through...

The valuation of an asset on the basis of the proceeds of sale at the prevailing market price (i.e., through...

The process of verification of the existence of illah/ effective cause (ratio legis) in an individual case, after having broadly...

The process of refining the basis of a ruling (hukm) by extracting the specific ruling from the text (nass) in...

The process of refining the basis of a ruling (hukm) by extracting the specific ruling from the text (nass) in...

Arabic (جهالة يسيرة) for a type of jahalah that denotes "minor or slight ignorance" of some aspect of a contract...

Self-dedicated waqf (وقف على النفس) is a form of waqf (Islamic endowment) in which the income/ usufruct of the assets...

Plural of nazilah; nazilah (نازلة ونوازل) is a new occurrence that requires a new shari'ah ruling (hukm) or nomination (takyeef)....

Arabic (نهد) for an undertaking or commitment to contributing or donating towards a common purpose or endeavor. Originally, it was...