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...
An Arabic term (الإباØØ©) that translates as permissibility. It is a principle, under shari'ah, that any act is permitted as...
A shari'a description of (and ruling or hukm on) an act or conduct which a Muslim has to avoid or...
A shari'a description of (and ruling or hukm on) an act or conduct which a Muslim has to avoid or...
A banking loan (qard) that capitalizes on the contract of wakalah (wakalah bil-istithmar). It is done through the advance payment of profit...
