A murabaha-based financing facility whereby funds for the purchase of the asset (commodities, durable assets, etc.) are provided by a…
Mudarabah is a form of sharakah (partnership) in profit (ribh) whereby one party (rab al-mal) provides capital and the other…
The capital that is provided by rab al-mal in a mudaraba contract. Put another way, it is the amount of…
Arabic (عقد الإشتراك) for a contract (aqd) that entails sharing in ventures/ businesses and profits (ribh) through specific partnership (sharakah/sharikah).…
The capital that is provided by rab al-mal in a mudarabah contract. Put another way, it is the amount of…
The mudarib’s (mudharib’s) laxity that results in his nonfulfillment of his duties under the contract of mudharaba/ mudaraba (aqd al-mudharaba/…
The capital that is provided by rab al-mal in a mudaraba contract. Put another way, it is the amount of…
It stands for profit equalization reserve; a reserve that is created by an Islamic bank by appropriating a specific amount…
A murabaha contract between a purchaser and an investment agent (wakil bil istithmar) acting as mudarib or investment agent on…
An essentially noncommutative contract that is used to secure a commutative contract (such as a sale contract/aqd al-ba’i) or obligations…