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Khultah al-Ayan

Arabic (خلطة الأعيان) for a type or category of khultah that involves co-ownership of identified assets (ayan) such as real...

Khultat al-Ayan

Arabic (خلطة الأعيان) for a type or category of khultah that involves co-ownership of identified assets (ayan) such as real...

Mulk Tamm

Arabic (ملك تام) for complete/ full ownership; an ownership (mulk) where the owner has a full right over the property/...

Mulkiyyah Tammah

Arabic (ملكية تامة) for complete/ full ownership; an ownership (mulkiyyah) where the owner has a full right over the property/...

Milkiyyah Tammah

Arabic (ملكية تامة) for complete/ full ownership; an ownership where the owner has a full right over the property/ assets....

Memorandum of Understanding for Mudarabah Financing

Mudarabah is a form of sharakah (partnership) in profit (ribh) whereby one party (rab al-mal) provides capital and the other…

Onerous Contract

A contract/ aqd (on an entity- e.g., an Islamic bank) in which the unavoidable costs of meeting the obligations under...

Ajr Musamma

An Arabic term (أجر مسمى) that generally translates as stipulated remuneration, wage, recompense, consideration, commission, rate, price, or fees, among...

Onerous Commitment

A commitment (on an entity- e.g., an Islamic bank) in which the unavoidable costs of meeting the obligations under the...

Agent’s Remuneration

In Arabic ajr al-wakeel/ ajr al-wakil (أجر الوكيل). In wakalah/ wakala (agency), and its forms, it is the total amount...