A repricing of murabaha goods (murabaha inventory) which ensues default by the purchaser of such goods. This process involves increasing...

It stands for time value of money; in principle, time, per se, has no economic value. However, time has value...

In principle, time, per se, has no economic value. However, time has value only when it is associated with real...

A type or category of riba that arises from any excess consideration over and above the amount of a loan...

The six substances (items) that are sold by weight and measure, literally: gold, silver, dates, wheat, salt and barley. Exchanging...

A structure that bears resemblance to a conventional option (khiyar taqlidi). However, this structure uses wa'ad (promise) in a specific...

A type of ijara which involves the sale of a clearly specified underlying asset, which is currently being produced or...

A type of ijarah which involves the sale of a clearly specified underlying asset, which is currently being produced or...

A type of ijarah which involves the sale of a clearly specified underlying asset, which is currently being produced or...

It is simply a “takaful of takaful” (insuring a takaful provider, per se, with takaful). It is the Islamic alternative...