Arabic (شركة اختيار) for a subset of sharikat al-mulk which represents a voluntary or optional general partnership that comes into...

Arabic (شركة الصنائع) for a type of sharikat al-aqd (contractual partnership) in which two persons or more agree to cooperate...

A guarantee/ guaranty/ suretyship (kafalah) that is restricted by description (e.g. deferred or current). It is permissible to restrict a...

A mode of guarantee/ guaranty/ suretyship (kafalah) that is free from any condition whether in the form of deferment, acceleration,...

Arabic (كفالة منجزة) for immediate kafalah (a suretyship with immediate effect). It is a kafalah agreement that takes effect as...

Arabic (كفالة مضافة) for contingent suretyship or contingent guarantee/ guaranty. It is a kafalah agreement that becomes effective upon occurrence...

A type of al-waqf (endowment) in which a person (waqf initiator/ donor) designates oneself or some specified individuals as the...

Arabic (تفليس) for judgment of bankruptcy (iflas) or declaration of bankruptcy by court. In shari’a parlance, it stands for interdiction...

Arabic (القرض الحسن) for an interest-free loan (fungible, marketable wealth) that is extended by a lender to a borrower on...

The face value of a qard (loan), i.e., its principal (or principal amount). For example, a $1,000 loan must be...