A mode of trading (mutajarah) which involves the exchange of one asset for another without resorting to a medium of...

A type of murabaha (cost-plus sale) which is established on the basis of mark-up over the actual purchase price incurred...

A type of murabaha (cost-plus sale) in which the purchaser pays the agreed amount (price plus market-up) for the goods...

Arabic (بيع النسيئة) for a type of sale on credit (ba'i ajel) in which the price (thaman) is paid in...

Arabic (بيع الغرر) for aleatory sale transactions or sales with uncertain outcome. In other words, it is the sale of...

Arabic (مدين) for debtor; a party (legal or natural) that owes an amount of money (in whatever form, including economic...

A form of waqf (Islamic endowment) in which the output takes the form of services offered to the benefit of...

The governance framework which consists of a distinct set of elements (pertaining to Shari'a governance), compared to conventional governance framework,...

A type of partnership (sharikah/ sharika) which basically involves joint ownership (mulk in Arabic) by two or more persons in...

Shari’a (shari'ah) holds the center stage of Islamic religion as it defines the route Muslims have to follow in matters...