A bill of exchange which is drawn on or by a bank, payable at some preset future date, to securitize…

Arabic (بيع الكالئ بالكالئ) for a sale (bay') in which both payment and delivery are deferred. In other words, it...

The sale (ba'i) of a debt (dain/ dayn) for a debt. Broadly speaking, it involves the exchange of two objects,...

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