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Musaqat

A partnership (sharikah) in which one party presents designated plants/ trees that produce edible fruits to another party (irrigating worker-...

Mal Mutaqawwim

According to the Hanafi school of thought (mazhab), a category of mal that is capable of legal (shari'a-compliant) ownership and...

Mal Mutaqawwem

According to the Hanafi school of thought (mazhab), a category of mal that is capable of legal (shari'a-compliant) ownership and...

Embedded Sukuk

A sukuk structure which includes an embedded option (khiyar) to convert into other asset classes, subject to a set of...

Kafalah Muallaqah

Arabic (كفالة معلقة أو كفالة معلقة بالشرط) for conditional kafalah; a kafalah agreement that becomes effective if certain conditions are...

Kifalah Muallaqah

Arabic (كفالة معلقة/ كفالة معلقة بالشرط) for conditional kifalah; a kifalah agreement that becomes effective if certain conditions are met....

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...