Category: Contemporary Financial Issues
Buying on credit and selling for cash - تَوَرُّقٌ
"Tawarruq": asking for papers, eating papers. It is derived from "wariq", which means silver dirhams.
Translated into: English Urdu Indonesian
Currency exchange - صِرافَةٌ
Selling money for money, whether they are of the same type and description or are different.
Translated into: English French Spanish Urdu Indonesian Russian
Bidding - مُزايَدَةٌ
An increase in the price of a commodity made by two or more people, so the one who pays the highest price gets the sale contract.
Translated into: English Spanish Urdu Indonesian Russian
Trust-based sale - بَيْعُ الأمانَةِ
A sale in which a seller sells a commodity to the buyer provided that when the buyer returns the commodity the seller should return the money.
Translated into: English French Spanish Urdu Indonesian Bosnian Russian
Craft/Profession - صِناعَةٌ
Any manual or tool-aided craft that a person practices to manufacture things until he becomes skilled at it and it becomes his profession.
Translated into: English French Spanish Urdu Indonesian Bosnian Russian