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Ba’i al-Juzaf

The sale of a measurable, countable, or weighable commodity without determining its quantity, number of units, or weight. This usually...

Ba’i al-Baraah

Arabic (بيع البراءة)  for sale on 'as is' basis. It is a contract of sale (ba’i), in which a person...

Bay al-Dayn

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

Ba’i al-Dain

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

Riba al-Fadl

Arabic (ربا الفضل) for riba of surplus/ riba of excess; a type of riba that exists in, or results from, a sale transaction...

Mahall al-Aqd

Arabic (محل العقد) for subject-matter of the contract (aqd)- i.e., the value and countervalue (amwal) exchanged in a contract (specifically...

Musawamah Sale

Arabic (بيع المساومة) for bargaining sale. In Islamic finance, it refers to the selling of a commodity at an agreed...

Mal Mutaqawwim

According to the Hanafi school of thought (mazhab), a category of mal that is capable of legal (shari'a-compliant) ownership and...

Mal Mutaqawwem

According to the Hanafi school of thought (mazhab), a category of mal that is capable of legal (shari'a-compliant) ownership and...

Arsh

Arabic (أرش) for difference. In the realm of sales (buyu) and commutative contracts, it is the difference between the price...