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Glossary of Islamic Financial Terms: The A-Z Guide

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Uploaded by on Jun 1, 2008

Glossary of Islamic Financial Terms: The A-Z Guide.

Here are the entries:

Aqd - Contract
Bai - Sale
Bai Dayn - Debt trading
Bai Bithaman Ajil - Deferred payment sale
Bai Istijrar - Supply sale
Bai Muajjal - Credit sale
Bai Salam - Sale with advance payment
Baitul Mal - House of treasury
Dayn - debt
Dhaman - guarantee, security
Falah - well-being
Fatwa - religious edict or opinion
Fiqh - Islamic jurisprudence
Fiqh Muamalat - Islamic commercial jurisprudence -
Gharar - ambigious
Hadith - The traditions of Prophet Muhammad that include his saying, acts, approcal and disapproval of things
Halal - permissible
Haram - prohibited
Hibah - gift
Ibadat - worship
Ibraa - rebate
Ijarah - leasing
Ijarah muntahia bittamleek - leasing ending with ownership
Ijarah wa iqtina - leasing to purchase
Istihsan - juristic preference
Istijrar - Supply sale (recurring sale)
Maqasid - objectives of Islamic law
Maruf - right or good
Maysir - gambling
Mudharabah
Mudarib
Mudharabah mutlaqah
Mudharabah muqayyadah
Mufawadah
Murabahah
Mudharakah
Muzaraah
Musawamah
Qardh
Qardh Hassan
Qiyas - analogical deduction
Rahnu - mortgage, security
Riba - usury, interest
Riba Al Fadl
Riba Al Jahilliyah
Riba Al Nasiah
Riba Al Qardh
Ribawi
Sadaqah
Sahib al mal
Syariah
Syariah-compliant
Syariah advisor
Sukuk - Islamic bond
Sunnah
Taqwa
Takaful - Islamic insurance
Ujr
Umma
Wadiah
Wakalah
Waqf
Zakat

(more to be added)

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Video produced by:
Ahmad Sanusi Husain
Kuala Lumpur, Malaysia
e-mail: sanusi.my@gmail.com

GlobalPro Consulting: http://www.globalpro.com.my

Islamic Finance Blog: http://gifc.blogspot.com

Personal Blog: http://ahmad-sanusi-husain.blogspot.com

Islam Blog: http://islam-quran-sunnah.blogspot.com
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  • Thanks a lot for sharing. It is important for every one to know the terms and to understand the concepts. Only then Islamic Banking and Finance will work and put into practice

  • brother i need information about islamic economics, anything you can provide will be very useful inshallah.

    I want to write a booklet about islamic economy in my native language (Romanian).

    Please contact me if you can help me inshallah.

    I also have a few question on some of the islamic financial instruments.

    Please help!

  • very nice brother .. thanks a lot for uploading.. please upload more videos abt islamic banking.. and if possible upload lectures

    jazakallah..

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