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Talaqqi al-Rukban

An illegal practice (particularly an exploitative commercial arbitrage) in which a city dweller purchases goods from a Bedouin (desert dweller)...

Treasury Murabaha

The application of murabaha contract in managing a treasury's liquidity requirements and/ or investing its short-term surplus funds. It involves...

Tafarruq al-Safaqah

Variations in the rules of a transaction (safaqah) that result from the participation of multiple buyers or sellers or the...

Tawatu

An Arabic term (تواطؤ) that translates as collusion or pre-arrangement. In Islamic finance parlance, this involves an implicit agreement between...

Al-Mulkiyyah

Arabic (الملكية) for ownership; an owner or co-owner has a certain right (or set of rights) over the underlying property/...

Dhaman al-Mulkiyyah

Arabic (ضمان الملكية) for ownership risk; it is a central and fundamental concept in Islamic finance (and broadly fiqh al-muamalat)...

Mulkiyyah

Arabic (ملكية) for ownership; an owner or co-owner has a certain right (or set of rights) over the underlying property/...

Milkiyyah

Arabic (ملكية) for ownership; an owner or co-owner has a certain right (or set of rights) over the underlying property/...

Ajr Musamma

An Arabic term (أجر مسمى) that generally translates as stipulated remuneration, wage, recompense, consideration, commission, rate, price, or fees, among...

Ajr al-Wakalah

An Arabic term (أجر الوكالة) that translates as agent's remuneration. In wakalah/ wakala (agency), and its forms, it is the...