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

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

Arabic (خسارة) for loss (it is the opposite of ribh- ربح). In the context of selling (ba'i or bay'- البيع),...

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...