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Ijarah Contract

A contract (aqd) of a designated usufruct (manfa'ah) of a specified property/ asset/ labor or effort for a specified time...

Haq al-Tamalluk

Arabic (حق التملك) for ownership right or a person’s right to own. It is a right (haq) established and recognized...

Ajr al-Mithl

A rent or wage amount or consideration (ajr) that is determined by an arbitrator or judge (if disputed), or with...

Thaman al-Mithl

The market price (thaman) that is quoted for an item similar to another, with both having identical or similar features....

Mustahabb

A shari’a classification of hukum (or hukm) which includes all virtuous , recommended, or desirable actions whose fulfillment is rewarded...

Mandub

A shari’a classification of hukum (or hukm) which includes all virtuous , recommended, or desirable actions whose fulfillment is rewarded...

Athman

Plural form of the Arabic term "thaman"; the price or monetary amount of an object of sale (tangible like commodities...

Thaman

The price or monetary amount of an object of sale (tangible like commodities or intangible like services), i.e., what is...

Uqud al-Isqatat

Arabic (عقود الإسقاطات) for contracts (uqud- plural of aqd) that are designed to release a party from a specific obligation....

Tamkeen

Arabic (تمكين) for the process or act of enabling a party, to whom ownership of an asset is transferred, to...