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

A repricing of murabaha goods (murabaha inventory) which ensues default by the purchaser of such goods. This process involves increasing...

A shari’a approach (and one of the secondary sources of Shari’a) which is applied to prevent, on a pre-emptive basis,…

An Islamic fiqh term that is associated with the process of sulh al-ibra’ or discharge reconciliation. The creditor party accepts…

A type or category of riba that arises from any excess consideration over and above the amount of a loan...

The six substances (items) that are sold by weight and measure, literally: gold, silver, dates, wheat, salt and barley. Exchanging...

Any kind of wealth or property (mal) that is inherently susceptible to riba. Traditionally, amwal ribawiah (plural of al-mal al-ribawi)...

An Arabic term (قرض ربوي) that denotes “interest-bearing loan” (riba-based qard). In other words, qard ribawi is a loan extended...

An Arabic term (القرض الربوي) that denotes “interest-bearing loan” (riba-bearing qard). In other words, al-qardh al-ribawi is a loan extended...

An Arabic term (القرض الربوي) that denotes “interest-bearing loan” (riba-bearing qard). In other words, al-qard al-ribawi is a loan extended...