Yad al-amanah (يد الأمانة) is a state of taking possession of something (asset, money, etc) not as an owner but...

Yad al-amana (يد الأمانة) is a state of taking possession of something (asset, money, etc) not as an owner but...

Ba'i al-musawamah (bargaining sale) is a type of sale (ba’i or bay’) in which the cost price is not disclosed...

An Islamic bank typically uses modes of financing and investment that are derived from shari'a and the Islamic system. Financial...

By definition, al-jahalah refers to ignorance or obscurity regarding the object of sale or price. In other words, it is...

A loan (qardh) is a fungible item (including money) that is transferred from one party (the lender) to another (the...

In general, maisir is broader in scope than qimar. Maisir includes all kinds of gambling, that is, it is more...

A loan (qardh) is a fungible item (including money) that is transferred from one party (the lender) to another (the...

Tawarruq (تورق) refers to the process of buying a commodity on a deferred payment basis and then selling it on...

Murabahah is one of the most popular financing modes used by Islamic banks and financial institutions. It is type of...