Islamic Financing

Bai

Bai, also known as sale, is a contract used in Islamic finance to facilitate buying and selling transactions in a Shariah-compliant manner.

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Tawarruq

Tawarruq is a type of transaction in Islamic finance that involves buying a commodity on credit and then immediately selling

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Qard Hasan

Qard Hasan is an interest-free loan provided by a lender to a borrower. The term “Qard Hasan” is derived from Arabic words, where

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Sukuk

Sukuk is a term used in Islamic finance that refers to Sharia-compliant financial certificates. Sukuk represents a form of ownership

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Istisna

Istisna is an Islamic finance contract used to facilitate the manufacturing and construction of assets. It is a form of contract where a buyer

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Salam

Salam is a type of Islamic finance contract that is commonly used in the agricultural sector. It is a contract for the purchase of goods with deferred

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Ijara

Ijara is a type of Islamic finance contract that refers to a lease agreement between two parties: the lessor (the owner of the asset) and

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Murabaha

Murabaha is a type of Islamic finance that is commonly used in trade financing. It is a contract-based financing arrangement in which

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Musharaka

Musharaka is an Islamic financial concept that refers to a partnership in which two or more parties invest in a venture. Each party

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