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Pass Through Investment

Under wakalah bil-istithmar (investment agency), it is an investment subject to restriction as to its transferability and the involvement of...

Temporary Wakala

An agency contract (aqd al-wakala) that has a time limit on its term. In other words, the contract (aqd) is...

Fadalah Contract

In Islamic fiqh, fadalah (or fadhalah) refers to the act(s) of al-fodhouli (al-fuduli), i.e., a person (natural or legal) who...

Fadalah

In Islamic fiqh, fadalah (or fadhalah) refers to the act(s) of al-fodhouli (al-fuduli), i.e., a person (natural or legal) who...

Fiduciary Contract

A contract (aqd) where a party transfers the ownership of an asset to another party, known as the fiduciary (a...

Wakalah Muqayyadah

Arabic (وكالة مقيدة) for restricted agency/ restricted wakalah; an agency contract (aqd al-wakalah) that the principal (muwakkel) restricts the acts...

Wakalah Mulzimah

Arabic (وكالة ملزمة) for a wakalah contract (aqd al-wakalah) that is binding on either party or both. While wakalah is...

Wakalah bil-Istithmar

A method (Arabic for وكالة الاستثمار) whereby Islamic financial institutions manage funds on behalf of their customers. This involves providing...

Aqd al-Fadalah

In Islamic fiqh, fadhalah (or fadalah) refers to the act(s) of al-fodhouli (al-fuduli), i.e., a person (natural or legal) who transacts (e.g. sells, rents, etc)...

Fadhalah Contract

In Islamic fiqh, fadhalah (or fadalah) refers to the act(s) of al-fodhouli (al-fuduli), i.e., a person (natural or legal) who transacts (e.g. sells, rents, etc)...