An Arabic term (البيع الآجل) denotes refers to sale on credit or credit sale. By definition, it is an Islamic...
An excessive profiteering (ghaban) in which the seller intentionally deceives the buyer by stating explicitly or implicitly that the sale...
A type of partnership (musharakah or sharikah) which holds all participating parties at equal footing in terms of funds contributed,...
According to the Hanafi school of thought (mazhab), a category of mal that has no value from the perspective of...
Arabic (غبن) for a fraudulent practice by which one party to a commutative contract (ba’i, ijarah, salam, etc.) attempts to...
A general Arabic term (المال) that denotes wealth, property, money, funds, or any valuable things (intangibles included) that can be...
According to the Hanafi school of thought (mazhab), a category of mal that has no value from the perspective of...
A general Arabic term (مال) that denotes wealth, property, money, funds, or any valuable things (intangibles included) that can be...
It stands for ba'i bithaman ajil; a contract of sale (ba'i) in which goods are sold on a deferred payment...
A transaction that involves the sale (ba'i) of an asset in the open market based on the process of bidding...