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

A form of financing that involves the combination of Islamic finance with crowdfunding so as to address financing needs of...

A method (Arabic for وكالة الاستثمار) whereby Islamic financial institutions manage funds on behalf of their customers. This involves providing...

A method (Arabic for وكالة الاستثمار) whereby Islamic financial institutions manage funds on behalf of their customers. This involves providing...

A valid condition, i.e., a contractual stipulation that is permissible (under shari'ah) and binding on the parties to the contract...

A condition / contractual stipulation that renders the contract (aqd) in which it was stipulated a defective contract (i.e., though...

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

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

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...

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...