| Term in Arabic | Arabic Meaning | | Reba | Interest | | Al-wadiah | Safe keeping | | Bai'muajjal | Deferred-payment sale | | Bai'salam | pre-paid purchase | | Zakat | Islamic tax | | Halal | lawful | | Haram | unlawful | | Ijara | leasing | | Mudaraba | profit-sharing | | Mudarib | Entrepreneur-borrower | | Murabaha | Cost-plus or mark-up | | Musharaka | Equity participation | | Qard hasan | Benevolent loan (interest free) | | Gharar | Uncertainty or chance | | Sukuk | Islamic bond | | Qirad | Mudaraba | | Rabbul-mal | Owner of capital | | Shariah | Islamic law | | Shirka | Musharaka | Labels: Riba Reba Islamic Banking |
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