| Ijarah |
إجارة |
A leasing contract in which the right to use an asset is transferred in exchange for agreed rental payments. |
| Mudarabah |
مضاربة |
A profit-sharing partnership in which one party provides capital and the other provides expertise and management. |
| Murabaha |
مرابحة |
A cost-plus sale contract in which the seller discloses the acquisition cost and profit margin to the buyer. |
| Riba |
ربا |
Any unjustified increase or excess in a financial transaction, commonly associated with interest or usury. |
| Sukuk |
صكوك |
Islamic investment certificates representing ownership interests in tangible assets, projects, or investment activities. |
| Takaful |
تكافل |
A cooperative system of insurance based on mutual assistance, shared responsibility, and collective risk-sharing. |