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...

The process of refining the basis of a ruling (hukm) by extracting the specific ruling from the text (nass) in...

The process of refining the basis of a ruling (hukm) by extracting the specific ruling from the text (nass) in...

In a contract of al-kafalah (or al-kifalah), it is the party who provides assurances as to the performance of an...

Also fatwa in Arabic. It is a religious decree, edict, or legal ruling which is issued by an Islamic scholar(s)...