Arabic (مبادلة الأرباح) for profit rate swap. By definition, it is an Islamic swap that entails the exchange of a...

An exchange of two counter-values (badalain) such as price for commodity (ba'i), currency for currency (sarf), price for usufruct (ijarah),...

The monetary amount for which an asset could be exchanged or a liability/ obligation could be settled between well informed,...

The principal amount of an instrument (sukuk), a debt (qard, zhemam or receivables, etc), or an account (deposit). For example,...

Items that are mutually interchangeable, i.e., the units of which are identical (in specifications/ features), and if destructed will be...

Items that are mutually interchangeable, i.e., the units of which are identical (in specifications/ features), and if destructed will be...

An acronym for murabaha to the purchase orderer which is a murabaha transaction whereby the Islamic bank purchases an asset/...

Arabic (أهلية الأداء الكاملة) for being completely eligible for taklif/ takleef, i.e., the capacity (ahliyyah) of a person to enjoy...

It stands for Islamic crowdfunding; a form of financing that involves the combination of Islamic finance with crowdfunding so as...

A salam contract in which the seller (the short) or the buyer (the long) in the original (previous) salam becomes...