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Ba’i al-Thaman bil Thaman

The sale of a monetary amount (thaman or naqd) in exchange for another monetary amount (thaman or naqd). More specifically,...

Ba’i al-Juzaf

The sale of a measurable, countable, or weighable commodity without determining its quantity, number of units, or weight. This usually...

Ba’i al-Baraah

Arabic (بيع البراءة)  for sale on 'as is' basis. It is a contract of sale (ba’i), in which a person...

Ba’i al-Dain

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

Takhliya

An action that allows free disposal of something. In a contract of sale (ba'i), this involves allowing the buyer to...

Takhliyah

An action that allows free disposal of something. In a contract of sale (ba'i), this involves allowing the buyer to...

Riba al-Fadl

Arabic (ربا الفضل) for riba of surplus/ riba of excess; a type of riba that exists in, or results from, a sale transaction...

Mahall al-Aqd

Arabic (محل العقد) for subject-matter of the contract (aqd)- i.e., the value and countervalue (amwal) exchanged in a contract (specifically...

Musawamah Sale

Arabic (بيع المساومة) for bargaining sale. In Islamic finance, it refers to the selling of a commodity at an agreed...

Mal Mutaqawwim

According to the Hanafi school of thought (mazhab), a category of mal that is capable of legal (shari'a-compliant) ownership and...