Arabic (مقتضى العقد) for objective or purpose of the contract (aqd). It reflects the combination of form (awsaf al-aqd) and...

Arabic (هبة المجهول) for a gift (hibah) ) whose subject-matter (mahall) is unknown at the time it is made. Fuqaha...

Any kind of wealth or property (mal) that is inherently susceptible to riba. Traditionally, al-mal al-ribawi (in Arabic المال الربوي)...

A type of sharikat al-aqd (contractual partnership) in which two persons or more agree to cooperate and work together for...

A partnership (sharaka/ sharika) in which one party (land owner) presents a treeless piece of land to another (planter) in...

Arabic (مناهدة) for an undertaking or commitment to contributing or donating towards a common purpose or endeavor. Originally, it was...

In Islamic finance, agency (wakalah, وكالة in Arabic) is a contract (aqd) between two counterparties: an agent (wakeel) and principal...

One of the essential modes of profit-sharing in Islamic finance, which is based on the concurrence of capital providers (called...

A class of contracts to which shari’a neither assigned specific names nor handled in details their respective rules and stipulations....

A class of contracts to which shari’a has assigned specific names and handled in details their respective rules and stipulations....