It stands for restricted investment account, which is an Islamic investment account which is subject to certain restrictions imposed by…

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

In Islamic finance, it is a contract (of ba’i or bay’) whereby a supplier agrees to deliver a specific commodity/item…

In Islamic finance, it is a contract (of bay’) whereby a supplier agrees to deliver a specific commodity/item to a…

An Arabic term (بيع مؤجل) that translates as sale on credit or credit sale. By definition, it is an Islamic...

A type of sale (ba'i/ bay') in which the delivery of the object of sale (a commodity) takes place at...

A sale (ba'i) in which the commodity/ item is delivered to the buyer against deferred payment, whether in installments or...

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

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

A type of murabaha (cost-plus sale) which is established on the basis of mark-up over the actual purchase price incurred...