An asset or a claim on an asset that is accepted by a beneficiary (in a financial transaction) as a...
A murabaha-based financing facility whereby funds for the purchase of the asset (commodities, durable assets, etc.) are provided by a…
The posting of assets for the purpose of securing the performance of or delivery on, an obligation by one party…
In Arabic iflas (إفلاس). In general, it is a situation when a person runs short of funds. The bankrupt person…
The aggregate amount of the assets owned (and controlled) by an entity such as cash, cash equivalents, accounts receivable, inventory…
The aggregate amount of the assets owned (and controlled) by an entity such as cash, cash equivalents, accounts receivable, inventory…
An acronym for non-produced non-financial asset; an economic resource that is available or has come into existence without human intervention...
A non-produced non-financial asset (NP NFA) is an economic resource that is available or has come into existence without human...
Arabic (انتفاع) for utilization. In other words, it is the process of taking or extracting usufruct (manfa’ah) from something (asset,…
An accounting term that comes from the Latin word "debere", which means "to owe". Debit is a journal entry that...