A sale (bay') that involves the exchange of an asset for specified monetary units (the price/ thaman). With respect to...

In the context of Islamic financial mua’amalat, an aqd lazim (عقد ملزم) refers to a valid and effective contract (aqd)...

A type of partnership contract (aqd al-musharaka) in which the owner of an orchard (bustan- in Arabic script: بستان) agrees...

A class of contracts to which shari’ah has assigned specific names and handled in details their respective rules and stipulations....

A class of contracts to which shari’a neither assigned specific names nor handled in details their respective rules and stipulations....

In the context of Islamic financial mua’amalat, an aqd lazim (عقد لازم) refers to a valid and effective contract (aqd)...

An investment contract that is based on investment agency (wakalatul istithmar/ wakalah bil istithmar) where the investment account holder appoint...

An Islamic investment contract by virtue of which holders of investment accounts (IAHs) appoint the Islamic bank to undertake the...

Arabic (مقتضى العقد) for objective or purpose of the contract (aqd). It reflects the combination of form (awsaf al-aqd) and...

Arabic (مقتضى العقد) for objective or purpose of the contract (aqd). It reflects the combination of form (awsaf al-aqd) and...