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

Arabic (عقود المعاوضات) for commutative contracts (contracts of exchange). A type of contracts (uqud- plural of aqd) whereby ownership is...

A type of gharar (uncertainty) that arises if liability of any of the parties to a commutative contract (aqd mu’awadhah)...

A small amount of gharar (also gharar qalil or gharar yasir/ gharar yaseer) that cannot be avoided due to the nature of the...

An Arabic term (correctly spelled ujrah) that generally translates as remuneration, wage, recompense, consideration, commission, rate, price, or fees, among...

An Arabic term that generally translates as remuneration, wage, recompense, consideration, commission, rate, price, or fees, among others. Ujra is...

An Arabic term that generally translates as remuneration, wage, recompense, consideration, commission, rate, price, or fees, among others. Ujrah is...

A rent or wage amount or consideration (ujrah or ajr) that is determined by an arbitrator or judge (if disputed),...

A rent or wage amount or consideration (ujrah or ajr) that is determined by an arbitrator or judge (if disputed),...

In Arabic aqd mu'awadhah, it is a type of compensatory contract whereby one party receives remuneration/ consideration in return for...