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),...

A type of sale on credit (ba'i ajel) in which the price (thaman) is paid in full at a future...

Arabic (حبل الحبلة) for a type of prohibited sale that was prevalent in pre-Islamic Arabia where the fetus of a...

Arabic (حرج) for hardship, distress, difficulty, hindrance or adversity. It is anything that leads to hardship or distress to a...

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