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Qabd Haqiqi

An Arabic term (قبض حقيقي) that means taking actual possession of an object of sale or exchange, an amount of...

Qabd Fe’eli

An Arabic term (قبض فعلي) that means taking actual possession of an object of sale or exchange, an amount of...

Zakah on Investment Funds

Fund management is not required to pay zakah on the assets of the fund unless if it is mandatory by...

Heyazah

Arabic (حيازة) for the holding or acquisition of an object, usually a commodity, asset, currency, etc, for a specified or...

Khiyar al-Qabul

Arabic (خيار القبول) for option (khiyar) that both parties to a contract (aqd) have, prior to the expression and communication...

Khiyar al-Ta’yeen

A type of khiyar (option) which comes into effect if the parties to the contract of sale (aqd al-ba'i) mutually...

Wadi’ah Yad Dhamanah

Arabic (وديعة يد ضمانة) for a wadi’ah (deposit) in which the depositee (wade'e) is responsible to return its subject matter...

Heyaza

Arabic (حيازة) for the holding or acquisition of an object, usually a commodity, asset, currency, etc, for a specified or...

Hiyaza

Arabic (حيازة) for the holding or acquisition of an object, usually a commodity, asset, currency, etc, for a specified or...

Zakat Rate

Zakat is a capital tax levied on total net accumulated wealth (net assets), or assets after deducting all debts at...