A type of partnership (musharaka or sharika) which holds all participating parties at equal footing in terms of funds contributed,...
Certificates of equal value (sukuk) which are issued for the purpose of financing the purchase of goods based on murabaha...
An exchange of two counter-values (badalain) such as price for commodity (ba'i), currency for currency (sarf), price for usufruct (ijarah),...
Arabic (مبادلة الأرباØ) for profit rate swap. By definition, it is an Islamic swap that entails the exchange of a...
An exchange of two counter-values (badalain) such as price for commodity (ba'i), currency for currency (sarf), price for usufruct (ijarah),...
An interest-free loan (fungible, marketable wealth) that is extended by a lender to a borrower on the basis of benevolence...
An acronym for murabaha to the purchase orderer which is a murabaha transaction whereby the Islamic bank purchases an asset/...
An interest-free loan (fungible, marketable wealth) that is extended by a lender to a borrower on the basis of benevolence...
Arabic (ميسر) for gambling or broadly any activities or transactions involving a gambling element. In relation to contracts (commutative contracts),...
Arabic (ميسر) for gambling or broadly any activities or transactions involving a gambling element. In relation to contracts (commutative contracts),...
