The process of deriving a shari'a view or conception to an emerging matter or fact for which there was no...

An excessive profiteering (ghaban) in which the seller intentionally deceives the buyer by stating explicitly or implicitly that the sale...

Certificates of equal value (sukuk) which are issued and sold to investors (as owners or bearers) who, by virtue thereof,...

A subset of sharikat al-aqd (contractual partnership) in which two persons or more agree to cooperate and work together for...

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

Arabic (شركة العقد) for a type of sharikah (partnership) that is formed by means of mutual agreement between two or...

A type of partnership (musharakah or sharikah) which holds all participating parties at equal footing in terms of funds contributed,...

A type of sharikat al-aqd (contractual partnership) in which two persons or more agree to cooperate and work together for...

According to the Hanafi school of thought (mazhab), a category of mal that has no value from the perspective of...

Arabic (غبن) for a fraudulent practice by which one party to a commutative contract (ba’i, ijarah, salam, etc.) attempts to...