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Murabahah to the Purchase Orderer

A murabaha transaction wherein the Islamic bank purchases an asset/ commodity, upon the request of a customer, from a third-party...

Murabaha lil Amer bil Shira

An Arabic term (المرابحة للآمر بالشراء) which translates as murabaha to the purchase orderer. It is a murabaha transaction wherein...

Hiyazah

Arabic (حيازة) for the holding or acquisition of an object, usually a commodity, asset, currency, etc, for a specified or...

Wadi’ah Yad Daman

A wadi’ah (deposit) in which the depositee (wade’e) is responsible to return its subject matter to the depositor (mude’e) whatsoever....

Heyazah

Arabic (حيازة) for the holding or acquisition of an object, usually a commodity, asset, currency, etc, for a specified or...

Wadi’ah Yad Dhamanah

Arabic (وديعة يد ضمانة) for a wadi’ah (deposit) in which the depositee (wade'e) is responsible to return its subject matter...

Heyaza

Arabic (حيازة) for the holding or acquisition of an object, usually a commodity, asset, currency, etc, for a specified or...

Hiyaza

Arabic (حيازة) for the holding or acquisition of an object, usually a commodity, asset, currency, etc, for a specified or...

Abd Mukatib

Arabic (عبد مكاتب) for a slave (abd) who earned his/ her freedom after having agreed to make a future payment...

Jumhoor

Arabic (جمهور) for the majority of fuqaha, i.e., the majority of founders of the four leading schools of thought or...