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Bay’ al-Hasat

A type of sale (bay’), prevalent in pre-Islamic times, in which the object of sale was determined as the one...

Qufzan

Plural of qafeez/ qafiz; an Islamic weight measurement unit that is equivalent to 12 sa'a or 24.48 kg (or 8...

Aqfizah

Plural of qafeez/ qafiz; an Islamic weight measurement unit that is equivalent to 12 sa'a or 24.48 kg (or 8...

Qafiz

An Islamic weight measurement unit that is equivalent to 12 sa'a or 24.48 kg (or 8 makakik/ 64 ratls). Furthermore,...

Qafeez

An Islamic weight measurement unit that is equivalent to 12 sa'a or 24.48 kg (or 8 makakeek/ 64 ratls). Furthermore,...

Iwad

An Arabic term (عوض) that denotes compensation or remuneration. In the context of Islamic financial and commercial transactions, it refers...

Khiyar al-Ruyah

A khiyar (option) whereby the buyer has the right either to consummate the contract of sale (aqd al-bai) or revoke it...

Ancillary Khiyar

A type of khiyar (option) that is embedded in, or associated with, an Islamic finance arrangement (contract). By nature, the...

Ancillary Wad

A type of wad (promise) that is embedded in, or associated with, an Islamic finance arrangement (contract). By nature, the...

Product Wad

A type of wad (promise) that constitutes, by nature and structure, a full-fledged Islamic finance arrangement which is used as...