March 2014
Intermediate to advanced
256 pages
8h 36m
English
book
Shari'ah Non-compliance Risk Management and Legal Documentations in Islamic Finance
by Ahcene Lahsasna
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Glossary
This glossary is according to the glossary of Sharī`ah Advisory Council of BNM.
Akad istithaq Contract of guarantee.
Akad isytirak Contract of partnership, such as mudarabah and musyarakah.
Akhz al-ajr `ala al-jah Charging fee for someone’s reputation.
Akhz al-ju`l `alaruqyah min al-Quran Charging fee for treatment/medication using verses of al-Quran.
Al-`adah muhakkamah Common practice as basis of the ruling.
Al-ajl Deferment.
Al-bai` Sale contract.
Al-bai` wa al-salaf Sale contract with credit term.
Al-ijarah thumma al-bai` Lease contract followed by ownership of asset through a sale contract.
Al-jam`ubaina `aqd al-qardhwa `aqd al-mu`awadhah Combination of a loan contract and an exchange contract.
Al-muqasah al-ittifaqiyyah Offsetting by mutual agreement of contracting parties.
Al-muqasah al-jabariyyah Offsetting by order of the authority.
Al-naqdyalid al-naqd Money begets money.
Al-wa`d bi al-tamlik Promise to own or acquire ownership.
Bai` `inah Sale contract followed by repurchase by the seller at a different price.
Bai` dayn Sale of debt.
Bai` al-dayn bi al-dayn Sale of debt with debt.
Bai` sarf Sale of currency.
Bai` al-usul bi al-khasm Sale of asset at discount.
Bai` al-kali’ bi al-kali’ Refer to bai` al-dayn bi al-dayn.
Bai` bithaman ajil Sale contract based on deferred payment at certain price.
Bai` mu’ajjal Refer to bai` bithamanajil.
Bai` muzayadah Sale contract based on bidding or auction.
Bai` salam Sale contract based on order of a certain asset with certain ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.