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Long-Term Lease

An ijarah in which an asset is leased for a long period of time in a way that ujrah (compensation)…

Mixed Waqf

Mixed waqf (وقف مشترك) is a form of waqf (Islamic endowment) in which the assets (property) assigned as endowment are…

Intifa’a

Arabic (انتفاع) for utilization. In other words, it is the process of taking or extracting usufruct (manfa’ah) from something (asset,…

Bay’ al-Khulu

A form of sale (bay’) in which the subject matter (mahall) is a right or concession to utilize some property…

Waqf Mushtarak

Arabic (وقف مشترك) for joint waqf; a form of waqf (Islamic endowment) in which the assets (property) assigned as endowment…

Usufruct Waqf

A waqf of the usufruct (manfa’ah– manafi’) of a rented property. It is a temporary waqf (waqf muaqqat) which only…

Usufruct

In simple terms, it is the right of an individual to use something that belongs to someone else, whether for…

Waqf al-Manafi’

Arabic (وقف المنافع) for a waqf of the usufruct (manfa'ah- manafi') of a rented property. It is a temporary waqf...

Sale of Usufruct

From the Arabic term "ba'i al-istighlal". According to latter-day Hanafi scholars, it is a type of sale (ba’i) in which...

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...