A type of guaranty (kafalah) that involves securing a person's physical presence at a specified place and time. It is...

A type of gharar (uncertainty) that arises if liability of any of the parties to a commutative contract (aqd mu’awadhah)...

A sale (bay') in which the seller has the right, as stipulated in the contract, to repurchase the underlying property...

The sale (bay') of a measurable, countable, or weighable commodity without determining its quantity, number of units, or weight. This...

Arabic (الغنم) for gain /reward/ benefit which can be realized only if recipient has already borne all the risks (mukhatarah)...

A transaction whereby a person buys an asset/commodity from a seller on the basis of deferred payment, and sells it...

A type of sale (ba’i) that involves the exchange of fresh fruits for dry ones, where the quantity of the...

A reserve that is created by an Islamic bank by appropriating a specific amount out of the mudaraba income, before...

An Islamic swap that entails the exchange of a floating profit rate for a fixed profit rate, or vice versa....

A type of sale (ba’i) that was particularly popular in the days of early Islam and pre-Islam, where the buyer...