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Syndicated Murabaha Financing Facility

A murabaha-based financing facility whereby funds for the purchase of the asset (commodities, durable assets, etc.) are provided by a…

Bay’ Al-Ghayib

A type of sale (bay’) in which the object of sale is not available at the contracting session (majlis al-aqd)…

Muhabat

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

Bay’ bil Nasi’ah

A credit sale which has a fixed term at the end of which the buyer has to pay the agreed…

Bay al-Istijrar

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

Bay al-Mudhtarr

A type of sale (bay') in which the seller resorts to selling his property (assets, belongings, etc) under duress or...

Bay’ Ilqa’ al-Hajar

A type of sale (bay’), prevalent in pre-Islamic times, in which the object of sale was determined as the one…

Bay’ al-Khulu

A form of sale (bay’) in which the subject matter (mahall) is a right or concession to utilize some property…

Bay’ al-Namuzhaj

Arabic (بيع النموذج) for a wholesale trade that involves the sale (bay’) of the units of a fungible commodity or…

Bay’ al-Bara’ah

Arabic (بيع البراءة) for sale on ‘as is’ basis. It is a contract of sale (bay’), in which a person…