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Aqd al-Muawadha

Arabic (عقد المعاوضة) for compensatory contract (commutative contract) whereby one party receives compensation/ consideration (iwadh) from another party in return…

Ba’i al-Murawadah

The sale (ba’i) of goods that have not been actually or constructively possessed by the seller. This involves the sale…

Ba’i Istijrar

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

Ba’i al-Murawadhah

Arabic (بيع المراوضة) for the sale (ba’i) of goods that have not been actually or constructively possessed by the seller....

Syndicated Murabaha

A murabaha contract between a purchaser and an investment agent (wakil bil istithmar) acting as mudarib or investment agent on…

Bay’ al-Muqayadhah

A mode of trading (mutajarah) which involves the exchange of one asset for another without resorting to a medium of…

Ba’i al-Muamalah

A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…

Bay’ Nafizh

A type of bay’ muna’aqid (enforceable contract of sale). By definition, it is a contract of sale (ba’i) that is…

Ba’i al-A’awam

Arabic (بيع الأعوام) for a type of sale (ba’i) in which the underlying object is an agricultural produce (such as...

Muhaba

Arabic (محاباة) for deference in a transaction. More specifically, it means a favor extended in an exchange-based transaction, either by…