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Ba’i al-Musawama

An Arabic term (بيع المساومة) that denotes “bargaining sale”. It is a type of sale (ba’i) in which the seller...

Uqud al-Tabarruat

Arabic (عقود التبرعات) for noncommutative contracts or gratuitous contracts. These contracts (uqud- plural of aqd) are based on voluntary charitable...

Uqud al-Imtiaz

An Arabic term (عقود الامتياز) that denotes concession contracts; by definition, a contract of concession is an authorization whereby a...

Al-Qard al-Hasan

Arabic (القرض الحسن) for an interest-free loan (fungible, marketable wealth) that is extended by a lender to a borrower on...

Asl al-Qard

The face value of a qard (loan), i.e., its principal (or principal amount). For example, a $1,000 loan must be...

Uqud al-Taqyidat

Arabic (عقود التقييدات) for contracts (uqud- plural of aqd) that aim to prevent or restrict disposal or conduct in a...

Al-Uqud al-Taba’yyeah

Arabic (العقود التبعية) for accessory contracts/ documentation contracts. Under shari'ah (Islamic law), accessory contracts are contracts (uqud/ pl. of aqd)...

Al-Uqud al-Asliyyah

Arabic (العقود الأصلية) for principal contracts. Under shari'ah (Islamic law), principal contracts are contracts (uqud/ pl. of aqd) which exist...

Al-Uqud Ghair al-Musammah

A class of contracts to which shari’a neither assigned specific names nor handled in details their respective rules and stipulations....

Ijarat-ul A’yan

A type of ijarah contract which has the usufruct of assets and properties (a'yan, pl. of ain) as underlying. In...