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....

Arabic (الكالئ بالكالئ) for the sale of a debt for a debt. Broadly speaking, it involves the exchange of two...

Arabic (الربا المباشر) for direct riba. It constitutes an increment that a lender receives over and above the principal amount...

Arabic (الأجير العام) for a public/ general worker or employee or an independent contractor who works for himself, rather than...

According to the Hanafi school of thought (mazhab), a category of mal that has no value from the perspective of...