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

In Islamic finance, it is a contract (of ba'i or bay') whereby a supplier agrees to deliver a specific commodity/...

A type of sale (bay’), in Arabic script بيع المزابنة, that involves the exchange of fresh fruits for dry ones,...

A category of mal which encompasses commodities usually sold and bought by weight capacity, or measure such as gold, rice,...

A situation where a person takes possession of an object or a form of wealth as an owner (malik) or...

Arabic (مثلاً بمثل) for like for like. Ribawi items (such as gold, silver, dates, wheat, etc) cannot be exchanged (i.e., different...

An Arabic expression (يداً بيد) that translates as spot settlement (hand to hand) in exchange-based transactions (especially in the case...

An Arabic expression (يداً بيد) that translates as spot settlement (hand to hand) in exchange-based transactions (especially in the case...

A situation where a person takes possession (hiyazah) of an object or a form of wealth (mal) as a proxy/...

Tawarruq is an Arabic word (تورق) that literally means minted silver (al-wariq) or the act whereby some person seeks silver...