Arabic (خلطة) for mixing (pooling) of a number of shari'ah-compliant asset classes in securitization (tasnid/ taskik) or capital structure. Examples of khultah in securitization include...

A non-compensatory contract (in Arabic, aqd tabarru) in which a property is donated by one party to another against no...

One of the essential modes of profit/loss-sharing in Islamic finance, which is based on the concurrence of capital providers (called...

A legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed for the sole purpose of achieving...

It stands for special purpose entity; a legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed...

A legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed for the sole purpose of achieving...

It stands for special purpose vehicle; a legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed...

A public/ general worker or employee or an independent contractor who works for himself, rather than for a particular employer....

The majority of fuqaha, i.e., the majority of founders of the four leading schools of thought or mazhahib (Abu Haneefah,...

An interest-free loan (fungible, marketable wealth) that is extended by a lender to a borrower on the basis of benevolence...