Zakah is one of the five pillars of Islam (in addition to shahada- i.e., pronounced and believed-in faith, prayer, fasting,...
Zakat is one of the five pillars of Islam (in addition to shahada- i.e., pronounced and believed-in faith, prayer, fasting,...
Zakah, as a type of ibadah, is concerned with money, wealth or property. By definition, it is an amount of...
Zakat, as a type of ibadah, is concerned with money, wealth or property. By definition, it is an amount of...
In Islamic finance, wa'ad, or promise, refers to an obligation issued by one counterparty, such as a potential purchaser or purchase...
Zakat, as a type of ibadah, is concerned with money, wealth or property. By definition, it is an amount of...
A mode of trading (mutajarah) which involves the exchange of one asset for another without resorting to a medium of exchange (i.e.,...
A case of sale (ba’i) in which the buyer doesn’t haggle over the price (i.e., takes it as a given)....
Arabic (دين Øال) for debt (dain) that is falling, or has fallen, due. Dain hal must be repaid by the...
A type of sukuk structure in which the underlying pool of assets consists of two or more Islamic finance contracts. For example,...
