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Banking

Bay’ bil Nasi’ah

A credit sale which has a fixed term at the end of which the buyer has to pay the agreed…

Ba’i Bil Nasi’ah

A credit sale which has a fixed term at the end of which the buyer has to pay the agreed…

Promissory Note

A type of commercial paper that constitutes a certificate whereby the issuer promises to pay a specific amount of money…

Riba Mubashir

Arabic (ربا مباشر) for direct riba. It constitutes an increment that a lender receives over and above the principal amount…

Accepted Bill

A bill of exchange which is drawn on or by a bank, payable at some preset future date, to securitize…

Al-Riba al-Mubashir

Arabic (الربا المباشر) for direct riba. It constitutes an increment that a lender receives over and above the principal amount...

Riba Jaly

Arabic (ربا جلي) for apparent usury (ostensible riba/ manifest riba/explicit riba). It is a type of riba that arises in...

Riba Jali

Arabic (ربا جلي) for apparent usury (ostensible riba/ manifest riba/explicit riba). It is a type of riba that arises in...