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Bay’ al-Fuduli

Arabic (بيع الفضولي) for a type of sale conducted by an uncommissioned agent or al-fodhouli (also spelled al-fodooli/ al-fuduli)- i.e.,...

Al-Uqud Ghayr al-Musammat

A class of contracts to which shari’a neither assigned specific names nor handled in details their respective rules and stipulations....

Aqd al-Musaqat

A type of partnership contract (aqd al-musharaka) in which the owner of an orchard (bustan- in Arabic script: بستان) agrees...

Aqd al-Wakala

In Islamic finance, agency (wakala, وكالة in Arabic) is a contract (aqd) between two counterparties: an agent (wakeel) and principal...

Aqd al-Wakalah

In Islamic finance, agency (wakalah, وكالة in Arabic) is a contract (aqd) between two counterparties: an agent (wakeel) and principal...

Al-Uqud Ghayr al-Musammah

A class of contracts to which shari’a neither assigned specific names nor handled in details their respective rules and stipulations....

Al-Wa’ad bil Ba’i

Arabic (الوعد بالبيع) for promise (wa’ad) to sell. It is usually embedded in exchange-based contracts/ commutative contracts (uqud al-mua’wadhah) such...

Al-Wa’ad bil Bay’

Arabic (الوعد بالبيع) for promise (wa’ad) to sell. It is usually embedded in exchange-based contracts/ commutative contracts (uqud al-mua’wadhah) such...

Aks al-Inah

Arabic (عكس العينة) for reverse sale and buy-back; a form of inah sale (بيع العينة) in which a commodity is sold...

Al-Muslam Fihi

The object of a salam contract (aqd al-salam) which is exchanged for the price (thaman or ras-ul-mal). It is the...