Both tawarruq and einah are two different developments of murabaha. Tawarruq is sometimes called commodity murabaha as it involves having...

Ba’i al-inah (also spelled al-einah) is a type of buy-back sales in which the borrower and the lender agree (in...

Murabaha is a type of trust-based sale (buyu al-amana) whereby acquisition of assets is financed on short or relatively long...

Murabahah (مرابحة)- cost-plus sale- is one of the most common Islamic contracts of trading. It belongs in the broader class...

The key differences between the international financial reporting standards (IFRS) and Islamic finance standards (particularly the financial accounting standards issued...

Wakalah is the process whereby a person (principal; in Arabic: muwakkel) empowers another person (agent; in Arabic: wakeel) to perform...

Takaful (التكافل) is an Islamic financial product/ service structured in a way that a number of participants share specific types...

Murabaha (مرابحة)- cost-plus sale- is one of the most common Islamic contracts of trading. It belongs in the broader class...

Murabaha is a cost-plus (mark-up) transaction in which a customer places an order with the financial institution (Islamic bank) to...

Mudaraba is a joint venture between a capital provider (rab al-mal or financier) and an entrepreneur (mudarib or businessman) who...