An exchange of two counter-values (badalain) such as price for commodity (ba'i), currency for currency (sarf), price for usufruct (ijarah),...
Arabic (مبادلة الأرباØ) for profit rate swap. By definition, it is an Islamic swap that entails the exchange of a...
An exchange of two counter-values (badalain) such as price for commodity (ba'i), currency for currency (sarf), price for usufruct (ijarah),...
An acronym for murabaha to the purchase orderer which is a murabaha transaction whereby the Islamic bank purchases an asset/...
Arabic (ميسر) for gambling or broadly any activities or transactions involving a gambling element. In relation to contracts (commutative contracts),...
Arabic (ميسر) for gambling or broadly any activities or transactions involving a gambling element. In relation to contracts (commutative contracts),...
In a murabaha to the purchase orderer (MPO) transaction, it is permissible for the purchaser (creditor) to ask the purchase...
Arabic (بيع الاستئمان) for a case of sale (bay’) in which the buyer doesn’t haggle over the price (i.e., takes...
A mode of trading (mutajarah) which involves the exchange of one asset for another without resorting to a medium of...
A type of sale (ba'i) that involves the exchange of one commodity for another without using a medium of exchange...
