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A contract in which a muwakkil (principal) authorizes a party as his wakil (agent) to perform tasks on his behalf.

• WAKALAH

• QARD

• KAFALAH

• RAHN

Refers to an assignment of debt from the liability of the original debtor to the liability of a third person so that the original debtor becomes free of liability.

• KAFALAH

• RAHN

• QARD

• HIWALAH

Taking an asset as security against a debt, whereby the secured asset can be utilized to repay the debt in the case of non-fulfilment of the financial obligation.

• HIWALAH

• RAHN

• KAFALAH

• QARD

A contract in which the guarantor provides assurance on the fulfilment of the guaranteed party's obligation and liability.

• HIWALAH

• RAHN

• KAFALAH

• WADIAH

A transfer of ownership of a fungible asset from a lender to a borrower in exchange for a payment of the original amount payable in the future.

• HIWALAH

• KAFALAH

• QARD

• RAHN