A murabaha-based financing facility whereby funds for the purchase of the asset (commodities, durable assets, etc.) are provided by a…
In the context of selling (ba’i or bay‘- البيع), ribh (in Arabic script: ربØ) refers to the difference resulting from…
The act or process of taking risk, whether intentionally or unintentionally. In its juristic sense, mukhatarah is a condition for…
A murabaha contract between a purchaser and an investment agent (wakil bil istithmar) acting as mudarib or investment agent on…
A hedging process/ mechanism that is used or offered by Islamic banks and financial institutions to help mitigate a specific...
With respect to unrestricted investment account (URIA) holders, it is the risk facing an Islamic bank or financial institution (IFI) when URIA holders may withdraw...