One of the essential modes of profit/loss-sharing in Islamic finance, which is based on the concurrence of capital providers (called...

A legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed for the sole purpose of achieving...

It stands for special purpose entity; a legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed...

A legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed for the sole purpose of achieving...

It stands for special purpose vehicle; a legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed...

A public/ general worker or employee or an independent contractor who works for himself, rather than for a particular employer....

The majority of fuqaha, i.e., the majority of founders of the four leading schools of thought or mazhahib (Abu Haneefah,...

An interest-free loan (fungible, marketable wealth) that is extended by a lender to a borrower on the basis of benevolence...

In Arabic aqd mu'awadhah, it is a type of compensatory contract whereby one party receives remuneration/ consideration in return for...

According to the Hanafi school of thought (mazhab), a category of mal that is capable of legal (shari'a-compliant) ownership and...