A shar'iah-compliant equivalent to conventional put option. The put option gives the holder the right, without the obligation, to sell an...

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

A general shari'a maxim that all commercial and financial activities are originally permissible by the primary sources of shari'a, unless...

Arabic (مقايضة) for a mode of trading (mutajarah) which involves the exchange of one asset for another without resorting to...

Any kind of wealth or property (mal) that is inherently susceptible to riba. Traditionally, amwal ribawia (plural of al-mal al-ribawi)...

Any kind of wealth or property (mal) that is inherently susceptible to riba. Traditionally, al-amwal al-ribawiyah (plural of al-mal al-ribawi)...

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...