Arabic (وكالة بالأجر) for paid agency; a wakalah in which remuneration (ajr or iwadh) is explicitly stipulated and specified in...

Arabic (تقرير) for tacit approval. It refers to what the Prophet Muhammad (pbuh) approved, verbally or silently, in the actions...

A credit default swap (CDS) that is structured to be permissible by shari'ah. It is based on some shari'ah-compliant underlyings...

An Arabic term (صكوك الاستثمار) for investment sukuk. These are certificates (sukuk) of equal value which are issued and sold...

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

A type of sale (ba'i) in which payment for future-delivery goods is made in advance at the time of contract....

A type of sale (ba'i) which is effected using down payment or advance money (arbun- عربون) with the condition that...

A transaction whereby a person buys an asset/ commodity from a seller on the basis of deferred payment, whether through...

The use of coercion to force someone to do something without his/ her consent (ridha). Coercion or duress or compulsion...

A type of sale (ba’i) in which a city-dweller (al-hadhir) sells on behalf of a Bedouin or a desert dweller...