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Khiyar al-Radd bil Ayb

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

Khiyar al-Taghreer

Arabic (خيار التغرير) for option (khiyar) to revoke (a contract- aqd) on grounds of deception (taghreer); it is the right...

Khiyar al-Royah

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

Khiyar al-Qabul

Arabic (خيار القبول) for option (khiyar) that both parties to a contract (aqd) have, prior to the expression and communication...

Khiyar al-Ta’yeen

A type of khiyar (option) which comes into effect if the parties to the contract of sale (aqd al-ba'i) mutually...

Khiyar al-Ruyat

A khiyar (option) whereby the buyer as the right either to consummate the contract of sale or revoke it upon...

Islamic Put Option

A shar'iah-compliant equivalent to conventional put option. The put option gives the holder the right, without the obligation, to sell an...

Islamic Call Option

A shar'iah-compliant equivalent to conventional call option. The call option gives the holder the right, without the obligation, to buy...

Either-Or Option

An option (khiyar/ khayar) which entitles the buyer (in a contract of sale, aqd al-ba’i) to proceed with the contract...

Khiyar al-Ghubn

A khiyar (Islamic option) that confers on either party to a commutative contract (e.g., contract of sale, ijarah, etc) the...