Arabic (Ù…Øاباة) for deference in a transaction. More specifically, it means a favor extended in an exchange-based transaction, either by…
Arabic (ركن) for one of the pillars/ elements/ cornerstones of a contract (aqd– عقد). The primary arkan (pl. of rokn)…
A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…
A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…
Arabic (ركن) for one of the pillars/ elements/ cornerstones of a contract (aqd- عقد). The primary arkan (pl. of rukn)...
Arabic (Ù…Øاباة) for deference in a transaction. More specifically, it means a favor extended in an exchange-based transaction, either by…
According to the Hanbali school of thought (mazhab), monetization (or in Arabic “tawarruq“) is the process of purchasing a commodity…
A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…
A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…
A type of waqf (endowment) in which a person (waqf initiator/originator) designates oneself or some specified individuals as the beneficiaries…