Home Site Map FAQ Contact Us عربي
   Islamic Finance
   Products & Services



   Glossary

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


Al Ajr :
stands for commission,fees, and wages charged for services.

Al Fard :
A collective obligatory duties of Muslims.

Amana :
In trust

Al wadia :
Resale of goods with a discount on the original stated cost.

Al Wakala :
Absolute power of attorney.

Al Rahn :
An arrangement whereby a valuable asset is placed as collateral for debt .The collateral may be disposed in the event of s default.

Al wadiah :
Safe keepin.

Awkaf :
A religious foundation set up for the benefit of the poor.





   


  • Join Our Newsletter

  • Follow Us On :
© Copyright Al Baraka Bank S.A.L 2010-2014 All rights reserved. Last Update January 14, 2017