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Urboun

Arabic (عربون) for down payment, "partial" payment in advance, or security deposit. The payment/ deposit is intended to secure a...

Arbun

Arabic (عربون) for down payment, "partial" payment in advance, or security deposit. The payment/ deposit is intended to secure a...

Arboun

Arabic (عربون) for down payment, "partial" payment in advance, or security deposit. The payment/ deposit is intended to secure a...

Earnest Money

It is urboun or arbun in Arabic. By definition, it the amount of money which is paid by a potential...

Arbun

A non-refundable deposit which is paid by a potential buyer to a seller, and whereby the former retains the right...

Arbun Call Option

An Islamic equivalent of the conventional call option. It is structured in a way that the premium paid by the...

Hamish Aljiddiyyah

The amount of money which is paid to the seller in a murabaha transaction upon the request of the purchase...