An Arabic term (قبض) that means taking possession of an object of sale or exchange, an amount of money, a...

A type of waqf which mainly serves the public. In other words, the waqf's proceeds/ usufruct (ghallah) will be used...

A murabaha transaction whereby the Islamic bank (murabaha seller) purchases an asset/ commodity, upon the request of a customer (purchase...

The most basic type of sukuk which have no additional features (add-ons) such as option to convert or exchange into...

Shari’ah holds center stage of Islam as a religion (deen) as it defines the route Muslims have to follow in...

The most basic type of sukuk which have no additional features (add-ons) such as option to convert or exchange into...

Sukuk al-salam (singular: salam sakk) are certificates of equal value (sukuk) which are issued in order to raise salam capital....

Salam sukuk (singular: salam sakk) are certificates of equal value (sukuk) which are issued in order to raise salam capital....

Arabic (سلم) for the sale of a commodity that will be delivered at a future date for a specific price...

Arabic (عارية) for a gratuitous loan (qard) whose underlying is a non-fungible (mithli) object or property, the substance of which...