Conference Update

Conference Summary

  • 10th Muzakarah Cendekiawan Syariah Nusantara
    Hotel Sama-Sama, Kuala Lumpur | 1-2 June 2016

    Akademi Penyelidikan Syariah Antarabangsa dalam Kewangan Islam (ISRA) sekali lagi akan menganjurkan Muzakarah Cendekiawan Syariah Nusantara kali ke-10 (MCSN-10) . Muz ...More

   View More

Latest NewsView More

Shariah Contracts


  • Musharakah

    Musharakah (Partnership): The Arabic word musharakah is a derivative from the root word sharaka, which literally means sharing, and mixing shares of two or more parties to make them interchangeab ...

  • Tawarruq

    Tawarruq (Monetization/ Cash Financing/ Cash Procurement): Tawarruq is the infinitive (masdar) of the verb tawarraqa (to eat leaves); it is said as tawarraqa al-hayawan (i.e., the animal ate the ...

   View More
Term of the DayView More

  • معاطاة (mu’atah) = Nonverbal Sale


    Technically: when the buyer and seller exchange the subject matter of the sale and its price without any verbal offer or acceptance, or only the offer or the acceptance is verbal. It falls into the category of circumstantial indicators. Such a sale is valid. ...


    Literally: to hand over.


Highlight View More

  • Abstract:


    To improve the quality and relevance, the contents of the 2nd edition have been updated and the formatting of each chapter has been standardized. This edition also offers greater clarity by providing clearer explanations, illustrations, and examples.

    The 2nd edition also provides updated information which is very important for the fast changing global Islamic f...