Filter by Categories
Accounting
Banking

Takaful

Arabic (تكافل) for an Islamic concept and practice which draws its basics and rules from the two supreme sources of...

Takhrij al-Manat

The process of coming up with a new ruling (hukm) for which there is presently no specific illah or effective...

Khalabah

An Arabic term (خلابة) that literally translates as "misleading marketing". The seller, practicing khalabah, pursues unknowledgeable and unaware clients by...

Tahqeeq al-Manat

The process of verification of the existence of illah and effective cause (ratio legis) in an individual case, after having...

Murabahah

Arabic (مرابحة) for an Islamic mode of trading and financing which constitutes an absolute sale (ba'i mutlaq), i.e. the sale...

Ijarah Mosufah bil Zimmah

A type of ijarah which involves the sale of a clearly specified underlying asset, which is currently being produced or...

Murabaha

Arabic (مرابحة) for an Islamic mode of trading and financing which constitutes an absolute sale, i.e. the sale of “asset...

Mudarib

Arabic (مضارب) for the labor provider/ worker in a contract of mudaraba. Labor or work includes entrepreneurship, management, and investment...

BBA

It stands for ba'i bithaman ajil; a contract of sale (ba'i) in which goods are sold on a deferred payment...

Khilabah

An act of deception or cheating of a party to a contract by another party. This involves a misleading act...