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Ba’i

An Arabic term (بيع) that translates as “sale” or "selling". It refers to any agreement between two parties: the seller...

Sale of Usufruct

From the Arabic term "ba'i al-istighlal". According to latter-day Hanafi scholars, it is a type of sale (ba’i) in which...

Ijarah Thumma al-Ba’i

An agreement (ijarah) that incorporates the sale of the leased asset (in an ijarah contract) at the end of the...

Sale and Buy-Back

English for ba'i al-inah (also ba'i al-einah); a contract that involves the sale and buy back of an object (commodity,...

Ba’i wa Shart

Arabic (بيع وشرط) for “sale with a condition”. Technically, it refers to a sale contract (aqd al-ba'i) in which an...

Ba’i al-Arboon

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

Ba’i al-Istijrar

In Islamic finance, it is a contract (of ba'i or bay') whereby a supplier agrees to deliver a specific commodity/...

Ba’i al-Tawarruq

Tawarruq is an Arabic word (تورق) that literally means minted silver (al-wariq) or the act whereby some person seeks silver...

Ba’i al-Fuduli

The uncommissioned agent or al-fodhouli (also spelled al-fodooli/ al-fuduli) is a person who intervenes or interferes in others' affairs without...

Ba’i al-Dayn

Arabic (بيع الدين) for sale of debt (dayn). It denotes the sale of debt securities, debt certificates (commercial papers), or...