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IslamiCity > Business & Finance > IC Finance > Islamic Banking  Welcome to IC Finance Information & Services  O ye who believe! Devour not usury, doubled and multiplied; but fear Allah. that ye may (really) prosper. Qur'an 3:130 (Arabic) - Recite   Islamic Banking Evolution | Rationale | Anatomy | Literature: Theory   Literature: Practice | Conclusion | Glossary   Appendix: Islamic Financial Institutions | References Glossary al-wadiah = safe keeping bai'muajjal = deferred-payment sale bai'salam = pre-paid purchase baitul mal = treasury fiqh = jurisprudence Hadith = Prophet's commentary on Qur'an hajj = pilgrimage halal = lawful haram = unlawful ijara = leasing iman = faith mithl = like mudaraba = profit-sharing mudarib = entrepreneur-borrower muqarada = mudaraba murabaha = cost-plus or mark-up musharaka = equity participation qard hasan = benevolent loan (interest free) qirad = mudaraba rabbul-mal = owner of capital riba = interest Shariah = Islamic law shirka = musharaka Courtesy of Mohamed Ariff, University of Malaya

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