According to the Hanbali school of thought (mazhab), monetization (or in Arabic “tawarruq“) is the process of purchasing a commodity…

An embedded option that is sold by a firm to derivatives dealers in order to realize cash out of it...

Tawarruq is an Arabic word (تورق) that literally means minted silver (al-wariq) or the act whereby some person seeks silver...

Tawarruq is an Arabic word that literally means minted silver (al-wariq) or the act whereby some person seeks silver money....

The process of converting something into, or adopting it as, money (i.e., legal tender). It usually refers to the coining...

A form of tawarruq in which the mustawriq/ mutawarriq (monetizer) is a financial institution or bank, and not an individual...