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Bay’ al-Najsh

A form of prohibited sale (bay' batil) in which a person or group of persons connive with a seller to...

Ba’i al-Ajel

An Arabic term (البيع الآجل) denotes refers to sale on credit or credit sale. By definition, it is an Islamic...

Musawama

An Arabic term (مساومة) that denotes bargaining sale. In Islamic finance, it refers to the selling of a commodity at...

Bay’ al-Tanajush

A form of prohibited sale (bay' batil) in which a person or group of persons connive with a seller to...

Bay’ Mutlaq

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

Bay’ al-Nasi’ah

A type of sale on credit (bay' ajel) in which the price (thaman) is paid in full at a future...

Ba’i al-Kali bil Kali

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

Bay’ al-Hasah

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

Bay’ al-Muhaqalah

A type of sale (bay') in which grains in ears are sold for dry (processed) grain. For example, this sale...

Sale of Usufruct

From the Arabic term "ba'i al-istighlal". According to latter-day Hanafi scholars, it is a type of sale (ba’i) in which...