A type of hiwalah (also spelled hiwala) which involves the assignment/ transfer of debt (dain) from one party (the transferor...

Arabic (حوالة الحق) for assignment of right; a type of hiwalah (also spelled hiwala) which involves a substitution of one...

A buyer who does not haggle over the price (i.e., takes the price for granted). In general, a buyer acts...

A case of sale (bay’) in which the buyer doesn’t haggle over the price (i.e., takes it as given). The...

An agency contract (aqd al-wakalah) in which the principal (muwakkel) does not place any restrictions on the acts or discretion...

Arabic (غرامة) for penalty or fine, or in general "all that needs to be paid out as a result of...

A khiyar (Islamic option) that confers on either party to a commutative contract (e.g., contract of sale, ijarah, etc) the...

A type of guaranty (suretyship) that involves securing debts (duyun) and financial obligations (iltizamat maliyah). Kafalah bil mal can be...

A contract of guarantee/ suretyship which is used to provide assurance as to performance or liabilities. In other words, kafalah...

A noncommercial guarantee/ suretyship (kafalah shakhsiyah) which is used to secure commutative contracts (e.g. contracts of sale, contracts of rights,...