A financial instrument that contains an unconditional promise by one party to enter into a foreign exchange transaction with another…
Arabic (عقد المعاوضة) for compensatory contract (commutative contract) whereby one party receives compensation/ consideration (iwadh) from another party in return…
A mode of trading (mutajarah) which involves the exchange of one asset for another without resorting to a medium of…
Arabic (مراطلة) for the sale (ba'i or bay') in which a type of money (naqd) is exchanged for money of...
An Arabic term (قبض Øكمي) that denotes constructive possession; a method of taking possession of an asset (commodity, currency, etc)...
The sale of a monetary amount in exchange for another monetary amount. More specifically, it is the exchange of one...
A mode of trading (mutajarah) which involves the exchange of one asset for another without resorting to a medium of...
The sale of a monetary amount (thaman or naqd) in exchange for another monetary amount (thaman or naqd). More specifically,...
According to the Hanafi school of thought (mazhab), a category of mal that is capable of legal (shari'a-compliant) ownership and...
According to the Hanafi school of thought (mazhab), a category of mal that is capable of legal (shari'a-compliant) ownership and...
