Under a Wakala (agency) agreement, the client is known as muwakkil (principal). The client appoints the financier as its wakil (agent) to invest the investment funds.
Investment Assets
Kafalatul ‘Awam
Iflas
Bai‘ al-sarf
Bai al-ta'ati
Diwan al-sawad
Bai‘ al-’ist’iman
Dhira al-ammah
Two-tier ’istisna‘
Qabd