Arabic (وكالة مطلقة) for unrestricted wakalah/ unrestricted agency; an agency contract (aqd al-wakalah) in which the principal (muwakkel) does not...

An Arabic term (قبض حكمي) that denotes constructive possession; a method of taking possession of an asset (commodity, currency, etc)...

An Arabic term (قبض) that denotes "taking possession" or receipt of an object of sale or exchange, an amount of...

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

Arabic (الوعد بالبيع) for promise (wa’ad) to sell. It is usually embedded in exchange-based contracts/ commutative contracts (uqud al-mua’wadhah) such...

Arabic (الوعد بالبيع) for promise (wa’ad) to sell. It is usually embedded in exchange-based contracts/ commutative contracts (uqud al-mua’wadhah) such...

Arabic (عكس العينة) for reverse sale and buy-back; a form of inah sale (بيع العينة) in which a commodity is sold...

The object of a salam contract (aqd al-salam) which is exchanged for the price (thaman or ras-ul-mal). It is the...

With respect to unrestricted investment account (URIA) holders, it is the risk facing an Islamic bank or financial institution (IFI)...

Originally taken from Arabic "mudaraba muqayyada" ; a mudaraba contract that is used in conjunction with restricted investment accounts (RIAs),...