Islamic Finance

Baitu ʾl-Māl (بيت المال)
Explore the concept of Baitu ʾl-Māl, its etymology, sources of income, and its function as the public treasury in a Muslim state. Learn about its roles and responsibilities in Islamic governance.
Baiʿu ʾL-Wafāʾ (بيع الوفاء‎)
Understand the concept of Baiʿu ʾL-Wafāʾ, a sale with a promise in Islamic finance. Learn about its implications, legality, and usage in historical and contemporary contexts.
Barter
Explore the concept of barter (Bai') in Islamic tradition, its legal and economic implications, and its role within the Islamic financial system. Understand the traditional and contemporary applications of barter in Islamic culture.
Biẓāʿah - Mercantile Share and Property in Trade
An in-depth exploration of the concept of Biẓāʿah in Islamic mercantile practices, including its etymology, application, and cultural significance.
Dain
Learn about the term 'Dain,' its implications, and usage in the Islamic context. Understand what constitutes a debt with a definite term and how it is treated differently from Qarẓ in Islamic jurisprudence.
Ghabn (غبن‎)
An exploration of the term 'Ghabn,' which denotes fraud or deceit in sales within an Islamic context. Understand its implications, usage, and significance in Islamic law and daily life.
K͟HUMS (خمس‎)
Discover the term 'K͟HUMS' (خمس‎), its implications, and its usage in the Islamic context. Learn about the historical and modern significance of K͟HUMS (خمس‎) in the Islamic financial system and to whom it is applied.
Muẓārabah in Islamic Finance
Explore the concept of Muẓārabah, a form of partnership in Islamic finance where one party provides capital while the other offers expertise and labor. Learn about its legal definitions, applications, and significance in the Muslim world.
WAQṢ (وقص‎) - Definition, Etymology, and Usage in Islam
Explore the term 'WAQṢ,' its meanings and implications in Islamic law and its relevance to zakāt or legal alms. Understand its nuances and applications in the context of Islamic finance and obligations.
ʿUshr (عشر‎)
Explore the concept of ʿUshr in Islam, its historical and theological significance, and its role in Muslim society. Understand the etymology, usage, and impact on the economic life of Muslims.
Nisab (نصاب‎)
Learn about the term 'Nisab,' its implications, and its usage in the context of Islamic taxation. Understand the criteria for Nisab and how it affects the financial responsibilities of Muslims.
Mortgage (Ijarah)
Understand the concept of 'Mortgage' or 'Ijarah' in Islam, its implications, and its usage. Study the considerations and legal rulings regarding Islamic mortgages or leasing agreements.
Inẓār (انظار‎): Definition, Etymology, and Significance in Islam
Understand the term 'Inẓār,' its application in Islamic legal contexts, and its nuances in financial and social matters within Muslim communities.
Jaiyid (جيد‎)
Explore the term 'Jaiyid,' its etymology, specific usage in Islamic law, and relevance in the Muslim context. Understand how the concept of 'pure money' and 'current coin' plays a role in legal and everyday practices.
Ijārah
Learn about the term 'Ijārah' in Islamic context. Understand the legal and ethical implications of leasing and hiring practices within Islamic law and how 'Ijārah' functions in modern Islamic finance.
Muzāraʿah (مزارعة‎)
Explore the concept of Muzāraʿah in Islamic legal theory, its etymology, applications, and the role it plays in agricultural and economic practices among Muslims.
Salaf
Explore the term 'Salaf,' its etymological roots, meanings, and significance within the Islamic tradition, including both historical and financial contexts.
Sattūqah (ستوقة‎) in Islamic Numismatics
Explore the term 'Sattūqah,' a type of base coin in Islamic financial practices, understood for its usage amongst merchants but not accepted in the public treasury. Learn about the implications and characteristics of Sattūqah.
Musharakah
Musharakah denotes a form of business partnership or participation financing within Islamic finance, encompassing various forms such as limited liability partnerships.
Ribā (ربا‎) - Usury in Islamic Law
Explore the concept of Ribā (ربا‎) in Islamic law, its etymological roots, legal definitions, and implications on financial transactions. Understand how Islamic teachings perceive usury and the wider ethical and social implications.
Ṣarf (صرف‎)
Explore the term 'Ṣarf' in both economic and grammatical contexts within Islam. Learn about its implications, linguistic roots, and practical applications.
Ḥawālah in Islamic Finance
Explore the concept of Ḥawālah in Islamic finance, its legal underpinnings, and its importance. Understand the process and implications of debt transfer in Islamic law.
Ijārah (إجارة‎)
Explore the concept of 'Ijārah' in Islam, a term involving leasing and employment. Understand its applications, principles, and significance in Islamic finance and daily life.
Murābaḥah (مرابحة‎) in Islamic Finance
Explore the concept of Murābaḥah in Islamic finance, its etymology, practice, and the legal and ethical considerations surrounding it.
Sale (Baiʿ)
A comprehensive overview of the term 'Sale (Baiʿ)' within Islamic law, including its definition, etymology, legal significance, and pertinent practices. Explore how sales are structured under Sharia law.
Capitalism and Islam
Exploration of the relationship between capitalism and Islamic principles, focusing on private property, ethical commerce, and economic justice.
Islamic Development Bank
An international development bank established by Muslim states to fund socio-economic projects on an interest-free basis.
Pawning (Rahn)
Explore the concept of 'Rahn' in Islam, its legal implications, and its cultural significance. Understand the regulations and ethical considerations surrounding pawning in Islamic finance.
Salam (سلم)
Discover the meaning and significance of 'Salam' in Islamic finance. Understand the key components, terminologies, and legal implications of this contract.
Wadiʿah (وديعة)
Explore the term 'Wadiʿah,' its meaning, legal implications, and usage in Islamic finance and jurisprudence. Understand its role as a contract of deposit and its foundational principles in an Islamic context.
Wakālah, Wikālah (وكالة‎)
Understand the term 'Wakālah' (وكالة‎), its meanings, implications, and usage in an Islamic context. Delve into its application in Islamic law, particularly relating to agency, and its relevance in modern Muslim societies.
ʿARĪYAH (عرية‎)
Explore the meaning, etymology, and legal framework of ʿARĪYAH (عرية‎) in Islam. Discover how this specific form of sale operates within Islamic jurisprudence.
Qarẓ (قرض‎)
Explore the term 'Qarẓ' (قرض‎) - its etymology, Islamic context, significance, and practical applications in both religious obligations and financial transactions.
Ijarah: Islamic Leasing and Finance
Economic term for leasing in Islamic finance, used typically for capital equipment purchases and often involving participation in business ventures.
Collector of Taxes in Islamic Tradition
Explore the role of the 'Collector of Taxes' (ʿĀshir and ʿĀmil mutaṣaddiq) in Islamic context, including their duties, significance, and historical roots.
Suftajah
Explore the term 'Suftajah' (سفتجة‎), its implications, and its prohibition under Sunni Islamic law. Understand the nuances of this financial instrument and its differentiation between a loan and trust from an Islamic legal perspective.

Dictionary of Islam

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