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Arbun

Arabic (عربون) for down payment, "partial" payment in advance, or security deposit. The payment/ deposit is intended to secure a...

Iwadh

An Arabic term (عوض) that denotes compensation or remuneration. In the context of Islamic financial and commercial transactions, it refers...

Arboun

Arabic (عربون) for down payment, "partial" payment in advance, or security deposit. The payment/ deposit is intended to secure a...

Sukuk al-Muqaradah

A type of sukuk al-musharakah that is structured based on the contract of muqaradah (mudaraba), whereby the capital (ras al-mal)...

Bay’ al-Majhool

Arabic (بيع المجهول) for a type of bay’ al-gharar in which the object of sale or the price (thaman) is...

Ba’i wa Salaf

Arabic (بيع وسلف) for a type of sharia-incompliant sale (invalid sale or ba’i ghair sahih) that combines a normal sale...

Methqal

An Islamic measure of weight (in Arabic script: مثقال) that is equal to 4.25 grams (0.137 ozt). As a unit...

Misqal

An Islamic measure of weight (in Arabic script: مثقال) that is equal to 4.25 grams (0.137 ozt). As a unit...

Mithqal

An Islamic measure of weight (in Arabic script: مثقال) that is equal to 4.25 grams (0.137 ozt). As a unit...

Sukuk al-Ijarah

Sukuk al-ijarah (singular: sakk al-ijarah) are certificates of equal value (sukuk) which are issued by the owner of an existing...