It stands for the Arabic term arbun/arboon/urboun (عربون). It is the amount of money which is paid by a potential…

Arabic (عربون) for down payment, "partial" payment in advance, or security deposit. The payment/ deposit is intended to secure a...

It is urboun or arbun in Arabic. By definition, it the amount of money which is paid by a potential...

A non-refundable deposit which is paid by a potential buyer to a seller, and whereby the former retains the right...

An Islamic equivalent of the conventional call option. It is structured in a way that the premium paid by the...

The amount of money that is paid by a potential buyer to the seller at the time of contract (aqd...

A shar'iah-compliant equivalent to conventional put option. The put option gives the holder the right, without the obligation, to sell an...

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

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

The amount of money which is paid to the seller in a murabaha transaction upon the request of the purchase...