A type of transaction that involves the sale (ba’i) of an animal’s embryo such as that of a cow, she-camel,…

Arabic (بيع الغرر) for aleatory sale transactions or sales with uncertain outcome. In other words, it is the sale of…

A modern application of murabaha in which Islamic banks purchase shares upon request from clients and sells them on a...

In the context of Islamic financial mua’amalat, an aqd lazim (عقد ملزم) refers to a valid and effective contract (aqd)...

Arabic (شرط) for a condition or stipulation or pr-requisite. Shurut (pl. of shart), more specifically, imply an act or situation...

Arabic (شروط) for conditions or stipulations or pr-requisites. Shurut (pl. of shart), more specifically, imply an act or situation upon...

A set-off or maqassa that involves the discharge of two debts by the bilateral consent of the two parties to...

A maqassa (مقاصة) that involves the spontaneous discharge of two debts that is not contingent on the request or consent...

A type of maqassa or set-off that is implemented without stipulating or requiring the bilateral consent or agreement of both...

A type of maqassa or set-off that is implemented without stipulating or requiring the bilateral consent or agreement of both...