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...
An Arabic term (الغرم) that literally denotes damage or loss (or a cost incurred). In a more specific context, it...
A type of sale (bay') that involves the exchange of one commodity for another without using a medium of exchange...
An Islamic finance alternative to option contracts (conventional options). By definition, it is a shari'ah compliant form of contract which...
Arabic (اتØاد مجلس العقد) for unity of time and place of a contracting session (majlis al-aqd). That implies that both...
A type of sale (ba'i) in which the object of sale is not available at the contracting session (majlis al-aqd)...
Tawarruq is an Arabic word that literally means minted silver (al-wariq) or the act whereby some person seeks silver money....
A mode of trading (mutajarah) which involves the exchange of one asset for another without resorting to a medium of...
