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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...

Arbun Call Option

An Islamic equivalent of the conventional call option. It is structured in a way that the premium paid by the...

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 Option Contract

An Islamic finance alternative to option contracts (conventional options). By definition, it is a shari'ah compliant form of contract which...

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...