A category of mal which includes things usually sold and bought individually or by numbers such as plots of land,...

Arabic (قبول) for acceptance of an offer in a contract ('aqd). It is one of the two essential elements of...

Arabic (قمار) for any game of chance, where the final result depends a random process or an uncertain event. Examples...

Arabic (مصلحة عامة) for public good or public benefit or public interest. According to shari'ah, all economic activities should take...

Arabic (مصلحة) for a juristic device that is usually used to promote public interest/ benefit/ welfare and prevent or repel...

Arabic (مصلحة مرسلة) for unregulated/ unattested public interest (maslahah a'ammah) for which there is no textual authority/ reference (source of...

A murabaha which involves two parties, a buyer and seller, where the former is a merchant by trade. The merchant...

An ijarah contract that doesn't end up with the transfer of ownership of leased properties to the lessee. In other...

Sukuk that are not recorded on the financial position statement (balance sheet) of the issuer. The issuer has no control...

Sukuk that are recorded on the financial position statement (balance sheet) of the issuer. The issuer has control (in terms...