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Sukuk Tap Issue

The process of issuing sukuk in continuation of past issues. The newly placed sukuk are issued with the same defining...

Ajir

A hired worker or a person that is employed or commissioned to provide a service for a prespecified remuneration (ujrah)....

Sukuk Tap Sale

The process of issuing sukuk in continuation of past issues. The newly placed sukuk are issued with the same defining...

Sukuk Tap

The process of issuing sukuk in continuation of past issues. The newly placed sukuk are issued with the same defining...

Bilateral Promising

In Islamic finance, bilateral promising, or muwa'adah in Arabic, refers to a promise which is issued by a counterparty against...

Muhaba

Arabic (محاباة) for deference in a transaction. More specifically, it means a favor extended in an exchange-based transaction, either by…

Muslam Fihi

The object of a salam contract which is exchanged for the price (thaman or ras-ul-mal). It is the commodity or…

Yad al-Amana

A situation where a person takes possession (hiyaza) of an object or a form of wealth (mal) as a proxy/...

Negotiated Price Sale

In Islamic finance, it refers to the selling (ba'i/ bay) of a commodity at an agreed upon price irrespective of...

Buyu Muharramah

Arabic (بيوع محرمة) for prohibited sales; a category of buyu (pl. of ba'i or bay') that consists of all sales...