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Dhari’ah

An Arabic word that carries the meaning of pretext, ploy, ruse, alleged reason, means, and so on. In Arabic script,...

Amwal Ribawiyah

Any kind of wealth or property (mal) that is inherently susceptible to riba. Traditionally, amwal ribawiyah (plural of mal ribawi)...

Dharar

In general, it refers to all sources of damage, detriment, harm, or loss inflicted by an individual on others or...

Urf

Arabic (عرف) for customary practices; it refers to the norms, values, and customs of the majority of a society or...

Amwal Mithliyyah

Arabic (أموال مثلية) for fungible items; items (amwal- pl. of mal) that are mutually interchangeable, i.e., the units of which...

Dharuriyyat

One of the categories of maslaha or human needs that corresponds to basic necessities of life, including food, shelter, clothes,...

Akl Amwal al-Nas bil Batil

An Arabic term (أكل أموال الناس بالباطل) that translates as unlawful acquisition of wealth (mal) or unjust enrichment. It describes...

Uqud al-Itlaqat

Arabic (عقود الإطلاقات) for contracts (uqud- plural of aqd) that involves removal of restrictions to disposal or conduct. These contracts...

URIA

It stands for unrestricted investment account, which is an Islamic investment account that is subject to no restrictions as to...

Amanah

A deposit (wadi'ah) in trust (by one person or counterparty with another), whether explicitly by way of contract or implicitly...