Showing posts with label Bai-Muajjal. Show all posts
Showing posts with label Bai-Muajjal. Show all posts

Bai-Muajjal

Bai-Muajjal: Bai means 'Sale and purchase' Ajal means a fixed time or a fixed period.
So, Bai-Muajjal means 'sale for which payment is made at a fixed  date or within a fixed period. In short, it is a sale on credit.