Al-tandid

https://islamicmarkets.com/dictionary/a/al-tandid
Copy URL

Dictionary term

Definition of "Al-tandid"

Lit: Derived from nadd, which means hard cash. Tech: Relating to a contract of mudarabah or musharkah, it refers to liquidation of all real assets immediately before calculating the profit.


Get access to 300+ modules today and learn from expert trainers...