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Waqf Istithmari

A form of waqf (Islamic endowment) whose assets are intended for investment (i.e., generating income/ ghallah). The income generated from...

Maslahah ‘Ammah

Arabic (مصلحة عامة) for public good or public benefit or public interest. According to shari'ah, all economic activities should take...

Waqf Dhurri

A type of waqf (endowment) in which a person (waqf initiator/ donor) designates oneself or some specified individuals as the...

Cash Waqf

A form of waqf (Islamic endowment) in which the assets assigned as endowment are not physical assets such as buildings...

Waqf al-Nuqud

Waqf al-nuqud (وقف النقود) is a form of waqf (Islamic endowment) in which the assets assigned as endowment are not...

Al-Waqf al-Dhurri

Arabic (الوقف الذري) for a type of al-waqf (endowment) in which a person (waqf initiator/ donor) designates oneself or some...

Ijarah Tashgheeliyah

Also known as operating ijarah (In Arabic إجارة تشغيلية); by definition it is an ijarah contract that doesn't end up...

Maslahah

Arabic (مصلحة) for a juristic device that is usually used to promote public interest/ benefit/ welfare and prevent or repel...

Maslahah Mursalah

Arabic (مصلحة مرسلة) for unregulated/ unattested public interest (maslahah a'ammah) for which there is no textual authority/ reference (source of...

Sharikat Jabr

Arabic (شركة جبر) for a subset of sharikat al-mulk in which the partnership comes into effect when two or more...