In Islamic finance, it is a contract (of bay') whereby a supplier agrees to deliver a specific commodity/ item to...
A type of sale (bay') in which the seller resorts to selling his property (assets, belongings, etc) under duress or...
A situation that arises when a sale is concluded over a previous sale. More specifically, it is the case when…
Arabic (بيع البراءة) for sale on ‘as is’ basis. It is a contract of sale (bay’), in which a person…
Arabic (بيع الخيار) for a contract of sale (ba’i) that is embedded with an option (khiyar), granting either party the...
A type of fictitious sale (ba’i souri) which is made to serve a temporary purpose. In ba’i al-talji’ah the seller…
Arabic (بيع المناجشة) for a type of impermissible sale (ba’i muharram) whereby a person (fake bidder/ ghost bidder/ phantom bidder)…
Arabic (عقد معاوضة) for compensatory contract (commutative contract) whereby one party receives compensation/ consideration (iwadh) from another party in return...
Arabic (بيع باطل) for void sale (void contract/ transaction of sale). It is a type of bay' (belonging to the...
Arabic (بيع باطل) for void sale (void contract/ transaction of sale). It is a type of ba'i (belonging to the...