Industry WIKI

Bai Salam (Arabic بيع سلم, more accurately transliterated as Bai us Salami) is an Islamic contract in which full payment is made in advance for specific goods (often agricultural products) to be delivered at a future date. It is necessary that the quality of the commodity intended to be purchased is fully specified leaving no ambiguity leading to dispute. Bai salam covers almost every

The Brunei dollar (Malay: Dolar Brunei, formerly Ringgit Brunei; sign: B$; currency code: BND), is the currency of Brunei Darussalam since 1967. It is normally abbreviated with the dollar sign $, or alternatively B$ to distinguish it from other dollar-denominated currencies. The currency is divided into 100 cents (sen) and is issued by the Brunei Darussalam Central Bank.

Challenges in Islamic finance are the difficulties in providing modern finance services without violation of sharia (Islamic law).

The Egyptian Exchange (EGX), Egypt's stock exchange, comprises two exchanges, Cairo and Alexandria, both governed by the same board of directors and sharing the same trading, clearing and settlement systems. Presently, the chairman of the Egyptian Exchange is Omar Radwan.

GovPay is a digital payment platform launched by the Government of Sri Lanka to streamline and modernise payment processes for government services. Officially introduced on 7 February 2025, under the patronage of President Anura Kumara Dissanayake, GovPay represents a significant step toward the digitalization of public services in Sri Lanka. This is a joint initiative of the Ministry of

The International Centre for Settlement of Investment Disputes (ICSID; French: Centre international pour le règlement des différends relatifs aux investissements or CIRDI) is an international arbitration institution established in 1966 for legal dispute resolution and conciliation between international investors and States. ICSID is part of and funded by the World Bank Group, headquarter

LankaQR, stylised in all caps as LANKAQR, is a national QR code payment system in Sri Lanka, initiated by the Central Bank of Sri Lanka (CBSL) in collaboration with LankaClear (Pvt) Ltd and licensed financial institutions. The standard was introduced on 12 October 2018 and formally launched on 11 March 2019, aiming to promote a cashless society, enhance financial inclusion, and reduce re

The law of the British Virgin Islands is a combination of common law and statute, and is based heavily upon English law.

Mergers and acquisitions in United Kingdom law refers to a body of law that covers companies, labour, and competition, which is engaged when firms restructure their affairs in the course of business.

The Ministry of Finance of Afghanistan (Dari: وزارت مالیه افغانستان, Pashto: د افغانستان د مالیې وزارت) is responsible for the implementation and execution of the budget, collection of taxes, organization, and control of public expenses in Afghanistan; it also controls the management of the Custom Affairs. It is located next to the Pashtunistan Square in the Wazir Akbar Khan neighborhood

The Ministry of Finance of the Russian Federation (Russian: Министерство финансов Российской Федерации), also known as MinFin (Минфин России), is a ministry of the Government of Russia responsible for financial policy and general management in the field of finance.

The Ministry of Public Finance (Spanish: Ministerio de Finanzas Públicas or MINFIN) is a government ministry of Guatemala in charge of fiscal policy and public finances.

Murābaḥa (Arabic: مرابحة, derived from ribh Arabic: ربح, meaning profit) was originally a term of fiqh (Islamic jurisprudence) for a sales contract where the buyer and seller agree on the markup (profit) or "cost-plus" price for the item(s) being sold. In recent decades it has become a term for a very common form of Islamic (i.e., "shariah-compliant") financing, where the price is marked

The Nepalese rupee (Nepali: नेपाली रुपैयाँ; sign: रु; code: NPR) is the official currency and legal tender of Nepal. It is also sometimes informally abbreviated as N₨ or Re./Rs. Each rupee is subdivided into 100 paisa, although coins of lower denominations are rarely used today. It is issued and regulated by the Nepal Rastra Bank, the central bank of Nepal.

Pension regulation is a legal term encompassing, the set of laws, rules and authoritative standards governing the pension industry, and the procedures needed to enforce them.

The SADAD payment system was established by the Saudi Central Bank (SAMA) to be the national electronic bill presentment and payment (EBPP) service provider for the Kingdom of Saudi Arabia (KSA). The core mandate for SADAD is to facilitate and streamline bill payment transactions of end consumers through all channels of the KSA (Kingdom of Saudi Arabia) Banks. SADAD was launched on June

The Saudi riyal (symbol: ⃁; code: SAR) is the currency of Saudi Arabia. Each riyal, the base unit, is subdivided into 100 halala (Arabic: هللة Halalah).

Sukuk (Arabic: صكوك, romanized: ṣukūk; plural of Arabic: صك, romanized: ṣakk, lit. 'legal instrument, deed, cheque') is the Arabic name for financial certificates, also commonly referred to as "sharia compliant" bonds.

Takaful (Arabic: التكافل, sometimes translated as "solidarity" or mutual guarantee) is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia-compliant alternative to conventional insurance, which contains riba (usury) and gharar (excessive uncertainty).

The Emirati dirham (symbol: ; currency code: AED; ;) Arabic: درهم إماراتي, abbreviation: د.إ in Arabic, Dh; is the official currency of the United Arab Emirates. Each dirham is subdivided into 100 fulus (singular is "fils"). It is pegged to the United States dollar at a constant exchange rate of approximately 3.67 AED to 1 USD. In March 2025, the UAE Central Bank announced the creation o