A type of risk that is associated with sales (buyu) in which the price (thaman) of an underlying object (commodity),...

A financial intermediary that mobilizes and directs funds (amwal) in a way compliant with shari'a principles and precepts (ahkam al-shari'a)....

An Arabic term (مقاصة) for set-off, which it is the discharge of a debt receivable against a debt payable, whether...

Also istisna'a (استصناع) in Arabic transliteration. It is a special kind of the contract of sale (bai') in which the...

The set of actions, sayings, contracts, transactions and other dealings that are explicitly denounced and deemed impermissible by Islamic shari’a....

Certificates of equal value (sukuk) that are issued for the purpose of investing the mobilized funds of musharakah for establishing...

Anything that is permissible (halal or jaiz) or not impermissible (haram) under shari'ah. It constitutes of the entire set of...

An Islamic measure of weight (in Arabic script: مثقال) that is equal to 4.25 grams (0.137 ozt). As a unit...

An Islamic measure of weight (in Arabic script: مثقال) that is equal to 4.25 grams (0.137 ozt). As a unit...

An Islamic measure of weight (in Arabic script: مثقال) that is equal to 4.25 grams (0.137 ozt). As a unit...