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Ijtihad Qiyasi

The process of coming up with a new ruling (hukm) for which there is presently no specific illah or effective…

Riba al-Qurudh

Arabic (ربا القروض) for riba associated with lending and borrowing (i.e., received in lending or paid in borrowing). It is…

Ba’i al-Mustarsel

Arabic (بيع المسترسل) for a case of sale (ba’i) in which the buyer doesn’t haggle over the price (i.e., takes…

Ba’i al-Raja’

A type of sale (ba’i) that was introduced by the Zaydi school of though (mazhab) in which an agricultural land…

Purchase with Instant Resale

Originally known as eina in Arabic, it is a transaction whereby a person buys an asset/ commodity from a seller…

Ostensible Sale

A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…

Ba’i al-‘Eina 

A round-tripping sale (or double sale) in which one party (actually the lender) sells another (actually the borrower) an object…

Ba’i al-Mua’amalah

A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…

Usury In Debts

Interest (usury or riba) that is earned on lending money to another party (or interest that is paid on borrowing…

Usury

In general, usury refers to the predetermined interest which a lender charges on, and collects from, a borrower. The lender…