In an Islamic bank, zakatable assets refer to a set of assets that constitute the overall (broader) zakah base (zakah...

Arabic (عبد مكاتب) for a slave (abd) who earned his/ her freedom after having agreed to make a future payment...

In an Islamic bank, zakatable items refer to a set of assets that constitute the overall (broader) zakah base (zakah...

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

Arabic (جمهور) for the majority of fuqaha, i.e., the majority of founders of the four leading schools of thought or...

A structure of sukuk whose underlying is a pool (portfolio) of assets mobilized through more than one type of contracting...

The process of verification of the existence of illah and effective cause (ratio legis) in an individual case, after having...

In the context of companies and businesses, it is the excess of zakatable assets over short-term liabilities. Zakatable assets are...

Arabic (زكاة المتربص) for zakah/ zakat that is to be paid by an expectant trader (in Arabic spelling, al-mutrabbis)- i.e.,...

The process of verification of the existence of illah/ effective cause (ratio legis) in an individual case, after having broadly...