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Murabaha Sukuk

Certificates of equal value (sukuk) which are issued for the purpose of financing the purchase of goods based on murabaha...

Ba’i al-Istighlal

According to latter-day Hanafi scholars, it is a type of sale (ba’i) in which the seller has the right of...

Bay’ al-A’awam

Arabic (بيع الأعوام) for a type of sale (bay’) in which the underlying object is an agricultural produce (such as...

Bay’ al-Munabazhah

A type of sale (bay') that was particularly prevalent in the days of early Islam and pre-Islam, where a person...

Bay’ al-Wadhi’ah

Arabic (بيع الوضيعة) for sale (bay') with loss/ at loss. It is a type of sale in which the price...

Ba’i al-‘Arboun

A type of sale (ba'i) which is effected using down payment or advance money (arboun- عربون) with the condition that...

Bay’ al-Thunya

Arabic (بيع الثنيا) for a sale (bay') with exclusion. It is a type of sale in which an unknown part...

Ba’i al-Najsh

Arabic (بيع النجش) for a type of impermissible sale (ba’i muharram) whereby a person (fake bidder/ ghost bidder/ phantom bidder)...

Bay’ al-‘Arboun

A type of sale (bay') which is effected using down payment or advance money (arboun- عربون) with the condition that...

Bay’ al-Sifah

A type of sale (bay’) in which the transaction is effected based on detailed description of the object of sale....