Category: Usury
Usury - رِبا
A stipulated increase with no exchange for credit in return for delaying the settlement of a due debt. It is also an increase or a delay in cash on selling things of a specified type on the spot.
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Prohibited sale transactions - بُيوعٌ مَنْهِيٌّ عنها
Sale transactions that are prohibited under Shariah.
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Debt - دَيْنٌ
"Dayn": debt. It is derived from "dāna". Original meaning: submission, humiliation. It also means: delay. "Dayn" was called as such because of the humiliation it involves, or because its settlement is delayed to a future date.
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Mutual receipt - تَقابُضٌ
"Taqābud": exchanging two things between two people, as happens when each of the trading parties receives what is given by the other.
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Sale with immediate repurchase - عِينَةٌ
"‘Īnah": An advance or loan. It is derived from "‘ayn", which means money, or from "i‘ānah", which is assistance. Other meanings: purchase or sale on credit.
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Gamble - قِمَارٌ
"Qimār": a bet between two parties which involves a financial risk – loss or gain of money. It is derived from "qamar" (the moon), which sometimes grows into a full moon and at other times decreases and becomes a crescent, just like the gambled money.
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Money - نُقُودٌ
"Nuqūd" (sing. naqd): the currency, of gold and the like, exchanged between people. It is derived from "naqd", which means: distinguishing, revealing, hastening.
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Buying on credit and selling for cash - تَوَرُّقٌ
"Tawarruq": asking for papers, eating papers. It is derived from "wariq", which means silver dirhams.
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Trick - حِيلَةٌ
"Hīlah": what is used as a means to reach something secretly. It is derived from "hawl", which means: a shift from one state to another in a secret manner. It is mostly used to denote malice.
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Currency exchange - صِرافَةٌ
Selling money for money, whether they are of the same type and description or are different.
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Pile/Heap - صُبْرَةٌ
A pile or heap of something without a known weight or measurement.
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Sale without estimation - بَيْعُ الجُزافِ
Selling or buying something wholesale without estimation by measuring, weighing, or counting.
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Sale of money for money - بَيْعُ الصَّرْفِ
Sale of money for money, whether they are of the same kind or different such as dirhams, dinars, and banknotes.
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Taste - طَعْمٌ
What is sensed through tasting with the tongue, i.e. sweetness or bitterness.
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Two sales in one contract - بَيْعَتانِ في بَيْعَةٍ
Making two sale agreements in one contract
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Contract session/meeting - مَجْلِسُ العَقْدِ
The meeting place to conduct a sale contract.
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Flesh/Meat - لَحْمٌ
The soft muscular part between the skin and the bones.
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Taking sufficient sustenance - اقْتِياتٌ
Taking a sufficient amount of food to give the body strength and protection from illness, without which the body will decay.
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Minting die - سِكَّةٌ
An engraved metal die used to mint coins.
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Wheat - بُرٌّ
Wheat grains.
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Dates - تَمْرٌ
Fruits of the date palm tree.
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Non-fungible goods - قِيمِيَّاتٌ
The commodities that have no equivalents on the market, or have equivalents that are valued disproportionately, such as animals, real estate, etc.
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Bill of exchange - سُفْتَجَةٌ
It is when someone lends money to another in a country and asks the borrower to write him a document by which he (the lender) can collect the exchange of his money in another country.
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Fungible items - مِثْلِيّاتٌ
Anything whose equivalent is available in the market without any significant difference that causes a difference in price.
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Raw gold and silver - تِبْرٌ
Gold and silver extracted from earth before they are minted into coins (dinars and dirhams).
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Gifting tree produce - إِعْرَاءٌ
Granting others the produce of trees free of charge for a limited period of time.
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Category - صِنْفٌ
A class of things having particular shared characteristics.
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Grapes - عِنَبٌ
Fresh grapes.
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