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Conditional Kifalah

A kifalah agreement that becomes effective if certain conditions are met. In other words, the guarantee/ suretyship comes into force...

Conditional Ibra

An ibra' which is associated with real conditions. Should a given condition(s) be met, the party with the obligation will...

Conditional Kafalah

A kafalah agreement that becomes effective if certain conditions are met. In other words, the guarantee/ suretyship comes into force...

Security/ Guarantee in Ijarah

By nature, an ijarah contract creates a liability on the lessee in the form of payable rental (ujrah), which gives...

Waqf Sukuk

Arabic (صكوك الوقف) for endowment sukuk; sukuk which use waqf (waqf assets – mawqoof) as underlying asset. In this sense,...

Wakalah Sukuk

Arabic (صكوك الوكالة) for agency certificates; a type of sukuk (pl. of sakk) in which the underlying contract is wakalah....

Sukuk al-Wakalah

Arabic (صكوك الوكالة) for agency certificates; a type of sukuk (pl. of sakk) in which the underlying contract is wakalah....

Sukuk al-Waqf

Arabic (صكوك الوقف) for endowment sukuk; sukuk which use waqf (waqf assets – mawqoof) as underlying asset. In this sense,...

Sukuk al-Intifa’a

Arabic (صكوك الانتفاع) for sukuk whose underlying is intifa’a, i.e., utilization of an asset, without the right to dispose of...

Arsh

Arabic (أرش) for difference. In the realm of sales (buyu) and commutative contracts, it is the difference between the price...