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Aqd al-Muawadhah

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

Al-Bay’ al-Nafidh

Arabic (البيع النافذ) for a type of al-bay' al-muna'aqid (enforceable contract of sale). By definition, it is a contract of...

Reverse Tawarruq

A form of tawarruq in which the mustawriq/ mutawarriq (monetizer) is a financial institution or bank, and not an individual...

Bay’ al-Muratalah

The sale (ba'i or bay') in which a type of money (naqd) is exchanged for money of its genus based...

Bay’ al-Muratala

The sale (ba'i or bay') in which a type of money (naqd) is exchanged for money of its genus based...

Ba’i al-Muratala

The sale (ba'i or bay') in which a type of money (naqd) is exchanged for money of its genus based...

Ba’i al-Muratalah

The sale (ba'i or bay') in which a type of money (naqd) is exchanged for money of its genus based...

Bay’ al-Khuluw

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

Ba’i Mutlaq

A sale (ba'i) that involves the exchange of an asset for specified monetary units (the price). With respect to the...

Absolute Sale

A sale (ba'i) that involves the exchange of an asset for specified monetary units (the price). With respect to the...