In Islamic finance, ju’alah (also spelled ju'ala), in Arabic script جعالة, is a contract (aqd) whose subject matter is a...

A case of sale (bay’) in which the buyer doesn’t haggle over the price (i.e., takes it as given). The...

Arabic (غرامة) for penalty or fine, or in general "all that needs to be paid out as a result of...

A sale (bay') in which the seller has the right, as stipulated in the contract, to repurchase the underlying property...

The sale (bay') of a measurable, countable, or weighable commodity without determining its quantity, number of units, or weight. This...

Arabic (الغنم) for gain /reward/ benefit which can be realized only if recipient has already borne all the risks (mukhatarah)...

A transaction whereby a person buys an asset/commodity from a seller on the basis of deferred payment, and sells it...

A type of sale (ba’i) that involves the exchange of fresh fruits for dry ones, where the quantity of the...

A type of sale (ba’i) that was particularly popular in the days of early Islam and pre-Islam, where the buyer...

An Arabic term (الغرم) that literally denotes damage or loss (or a cost incurred). In a more specific context, it...