An Islamic investment account which is subject to certain restrictions imposed by the account holder with respect to the purpose,...

An agency contract (aqd al-wakalah) in which the principal (muwakkel) restricts the acts or discretion of the agent (wakil). For...

A hawalah in which the payer is restricted to settling the amount of the assigned/ transferred debt (dain/ dayn) from...

The short-term and long-term receivables to a murabaha seller (such as an Islamic bank) for commodities sold on credit (open...

A type of murabaha (cost-plus sale) in which the purchaser pays the agreed amount (price plus market-up, or thaman plus...

A form of prohibited sale (bay' batil) in which a person or group of persons connive with a seller to...

A sale (bay') that involves the exchange of an asset for specified monetary units (the price). With respect to the...

A type of sale (ba'i) in which a heap of grains or any other commodity (dates, cotton, etc), in Arabic...

A type of sale (ba’i) in which the transaction is effected based on detailed description of the object of sale....

A case of sale (ba’i) in which the buyer doesn’t haggle over the price (i.e., takes it as a given)....