In simple terms, it is the right of an individual to use something that belongs to someone else, whether for...

A financial instrument (promissory FX) that contains an unconditional promise by one party to enter into a foreign exchange transaction...

A type of sukuk structure in which sukuk certificates give sukuk holders residual claim over the assets financed by their funds. This claim ranks...

In Islamic law, a mukatabah/ or mukataba (مكاتبة) is a contract of manumission whereby a master agrees to free a...

In Islamic law, a mukatabah/ or mukataba (مكاتبة) is a contract of manumission whereby a master agrees to free a...

Arabic (مكاتب) for a slave (abd) whose mater agreed to set him/her free by setting a deadline to pay for...

An option or the right of choice which is given to either party (or both parties) or to a third...

Arabic (خيار الرد بالعيب) for an option (khiyar) to return an object of sale to the seller due to defect...

An Arabic term that translates into moveable property, as opposed to immovable property (al-iqar); By definition, it is a property...

Arabic (بيع ناجز) for a sale (bay') in which the price of the object of sale or underlying is paid...