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Home > QFINANCE Dictionary > Definition of bai al-bithaman ajil

Definition of

bai al-bithaman ajil

Finance

installment sale of goods arranged by bank in Islamic financing, a sale of goods in which a bank purchases the goods on behalf of the buyer from the seller and sells them to the buyer at a profit, allowing the buyer to make installment payments.

Related definitions of "bai al-bithaman ajil"

bai al-bithaman ajil - Related Articles
  • Islamic Modes of Finance and the Role of Sukuk

    Best Practice

    Broadly speaking, Islamic modes of finance can be divided into two types: either they provide direct finance as capital funds through partnership (musharaka and mudaraba), or they provide indirect finance through leasing (ijara) and sale contracts (murabaha, bai ajil, salam, and istisna
    By Abdel-Rahman Yousri Ahmad

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Definitions of ’bai al-bithaman ajil’ and meaning of ’bai al-bithaman ajil’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’bai al-bithaman ajil’ and other financial terms with our online QFINANCE Financial Dictionary.

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