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Madeen Mumatel

Arabic (مدين مماطل) for procrastinating debtor; a debtor (madeen) who is solvent but refuses to pay a debt (dain/dayn) at or...

Madeen Mumatil

Arabic (مدين مماطل) for procrastinating debtor; a debtor (madeen) who is solvent but refuses to pay a debt (dain/ dayn) at...

Profit Rate Risk

With respect to unrestricted investment account (URIA) holders, it is the risk facing an Islamic bank or financial institution (IFI) when URIA holders may withdraw...

Gharar Yaseer

A small amount of gharar (also gharar qalil or gharar yasir) that cannot be avoided due to the nature of the subject matter of the...

Gharar Yasir

A small amount of gharar (also gharar qalil or gharar yaseer) that cannot be avoided due to the nature of the subject matter of the...

Constant Musharakah

A type of musharakah (establishing a sharikah) in which the partners' shares in the sharikah capital don't change throughout the musharakah tenor. Rather, the...

Constant Musharaka

A type of musharaka (establishing a sharika) in which the partners' shares in the sharika capital don't change throughout the musharaka tenor. Rather, the...

Gharar Fahish

An excessive degree of gharar that renders a contract or transaction void from a shari'a point of view. Gharar represents some form...

Ahkam

Plural of hukm or hukum; a legal or shari'a injunction that relates to the actions of individuals. Hukm is usually classified into different...

Madd

Arabic (مد) for a unit of weight measurement; an Islamic measurement unit (mekiyal) that is equal to a quarter (1/4)...