It stands for effective rate of return method; a method of allocating income from an asset or venture in a uniform and...

A method of allocating income from an asset or venture in a uniform and equitable manner over the course of the contractual...

In the lexicon of Islamic finance, it is English for ba'i al-mudtarr. By definition, it is a type of sale (ba'i)...

A type of sale (ba'i or bay') in which the price (thaman) is set equal to the original acquisition price (i.e., cost...

A contract (aqd) that involves the exchange of one counter-value for another. For example, exchanging a commodity for an amount...

Originally from the Arabic term "bai'atan fi bai'ah". It is a type of sale (ba’i) in which a person offers...

The process of issuing certificates that represent debts and loans (generally any type of obligations). The issued certificates (or securities)...

Arabic (تربص) for waiting and tarrying for an opportunity. This involves refraining from certain actions or being actionless for some...

Plural of sakk, which refers to an Islamic financial certificate representing undivided, partial ownership in a debt (sukuk al murabaha),...

Sukuk (pl. of sakk) which are structured and issued for the purpose of financing shari’ah-compliant investments in renewable energy (solar...