Tawarruq is an Arabic word (تورق) that literally means minted silver (al-wariq) or the act whereby some person seeks silver...
A sale (bay') in which both payment and delivery are deferred. In other words, it is the sale of a...
The uncommissioned agent or al-fodhouli (also spelled al-fodooli/ al-fuduli) is a person who intervenes or interferes in others' affairs without...
Arabic (بيع الدين) for sale of debt (dayn). It denotes the sale of debt securities, debt certificates (commercial papers), or...
An Arabic term (بيعتان في بيعة) that translates as “two sales in a single contract” or “two sales in one”....
Arabic (بيع حبل الحبلة) for a type of prohibited sale that was prevalent in pre-Islamic Arabia where the fetus of...
A type of sale (bay’) that was particularly popular in the days of early Islam and pre-Islam, where the buyer...
A salam contract in which the seller (the short) or the buyer (the long) in the original (previous) salam becomes...
An istisna'a contract in which one counterparty (the seller or the buyer) is also a counterparty to a previous istisna'a...
A type of jahalah that denotes "excessive or major ignorance/ lack of knowledge" about the object of sale or price...