An Arabic term (بيع) that translates as “sale” or "selling". It refers to any agreement between two parties: the seller...

A sukuk structure that involves granting the investor (sukuk holder) a share of a tangible asset or business venture along...

An exchange of two counter-values (badalain) such as price for commodity (ba'i), currency for currency (sarf), price for usufruct (ijara),...

Certificates of equal value (sukuk) that are issued for the purpose of using the funds mobilized from subscribers in growing...

A type of partnership contract (aqd al-musharakah) in which the owner of an orchard (bustan- in Arabic script: بستان) agrees...

Certificates of equal value (sukuk) hat are issued for the purpose of using the funds mobilized from subscribers in the...

A shari’a classification of hukum (or hukm) which includes all recommended or desirable actions whose fulfillment is rewarded or praiseworthy,...

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

The amount of money which is paid to the seller in a murabaha transaction upon the request of the purchase...

Arabic (عقود المعاوضات) for commutative contracts (contracts of exchange). A type of contracts (uqud- plural of aqd) whereby ownership is...