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.
Showing posts with label IM. Show all posts
Showing posts with label IM. Show all posts
Bai-Murabaha
Bai-Murabaha:
Bai means 'Sale and purchase'. Ribhun means 'an agreed upon profit'. So, Bai-Murahaba means 'Sale on agreed upon profit.'
Bai means 'Sale and purchase'. Ribhun means 'an agreed upon profit'. So, Bai-Murahaba means 'Sale on agreed upon profit.'
Bai Salam
Defination: Bai-Salam means advance sale and purchase. Bai means sale and purchase. Salam means advance.
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