An istisna'a contract in which one counterparty (the seller or the buyer) is also a counterparty to a previous istisna'a...

A type of jahalah that denotes "excessive or major ignorance/ lack of knowledge" about the object of sale or price...

In Islamic finance, ju’alah (also spelled ju'ala), in Arabic script جعالة, is a contract (aqd) whose subject matter is a...

A type of hiwalah (also spelled hiwala) which involves the assignment/ transfer of debt (dain) from one party (the transferor...

Arabic (حوالة الحق) for assignment of right; a type of hiwalah (also spelled hiwala) which involves a substitution of one...

A buyer who does not haggle over the price (i.e., takes the price for granted). In general, a buyer acts...

A case of sale (bay’) in which the buyer doesn’t haggle over the price (i.e., takes it as given). The...

An agency contract (aqd al-wakalah) in which the principal (muwakkel) does not place any restrictions on the acts or discretion...

Arabic (غرامة) for penalty or fine, or in general "all that needs to be paid out as a result of...

A khiyar (Islamic option) that confers on either party to a commutative contract (e.g., contract of sale, ijarah, etc) the...