An Arabic term (القرض الربوي) that denotes “interest-bearing loan” (riba-bearing qard). In other words, al-qard al-ribawi is a loan extended...

A proclamation by two persons of their intent to enter into a contract (aqd) in the future whose effects will...

An Islamic investment contract by virtue of which holders of investment accounts (IAHs) appoint the Islamic bank to undertake the...

The process of both the buyer and seller taking possession of their respective subject-matter of the contract. In other words,...

Arabic (هبة) for a method of possession transfer whereby an asset (or any form of wealth) is gifted to another...

The process whereby a partner gives his share in a piece of real estate to another partner in exchange for...

The process of both the buyer and seller taking possession of their respective subject-matter of the contract. In other words,...

A distinct category of maslaha or human needs that refers to things and activities that refines and embellish people's lives....

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

A shari'a-compliant adaptation of the conventional cross-currency swap. This structure applies the mode of tawarruq (Islamic monetization or tripartite resale)....