Domain 2
Sales-Based Contracts
Covers cost-plus financing (Murabahah and the Murabahah-to-the-Purchase-Orderer arrangement), forward-payment sales (Salam) and manufacturing contracts (Istisna'a), commodity-arbitrage liquidity structures (Tawarruq) and the surrounding scholarly debate, foreign-exchange rules (Sarf), the rules governing currency, debt, and assignment of debt (Hawalah), and trust-sale variants.
11
sections
202 min
of material
10
sections with exercises
23
questions
Section pages
1
Module Introduction — The Architecture of Islamic Sales
8 min
2
Murabahah — Cost-Plus Sale
30 min
3
Salam and Parallel Salam — Forward Sale
18 min
4
Istisna'a and Parallel Istisna'a
15 min
5
Monetization / Tawarruq
25 min
6
Trading in Currencies
18 min
7
Procrastinating Debtor
16 min
8
Possession / Qabd
16 min
9
Arboun — Earnest Money
14 min
10
Cross-Topic Case Studies
20 min
11
Organized Markets, Gold Trading, and Online Dealings
22 min