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Amanah

A deposit (wadi'ah) in trust (by one person or counterparty with another), whether explicitly by way of contract or implicitly...

Al-Salam al-Muwazi

An Arabic term (السلم الموازي) that translates as parallel forward delivery sale (parallel salam). It is a salam contract in...

Amanah Contract

A shari'a-nominated contract (nominate contract) that is based on trust or honesty as to the dealing between the two parties....

Ijarah Sukuk

Ijarah sukuk (singular: ijarah sakk) are certificates of equal value which are issued by the owner of an existing property...

Ijarah Thumma al-Ba’i

An agreement (ijarah) that incorporates the sale of the leased asset (in an ijarah contract) at the end of the...

Ba’i wa Shart

Arabic (بيع وشرط) for “sale with a condition”. Technically, it refers to a sale contract (aqd al-ba'i) in which an...

Ba’i al-Arboon

A type of sale (ba'i) which is effected using down payment or advance money (arboon- عربون) with the condition that...

Ba’i al-Istijrar

In Islamic finance, it is a contract (of ba'i or bay') whereby a supplier agrees to deliver a specific commodity/...

Bay’ al-Muzabanah

A type of sale (bay’), in Arabic script بيع المزابنة, that involves the exchange of fresh fruits for dry ones,...

Yad Dhaman

A situation where a person takes possession of an object or a form of wealth as an owner (malik) or...