Kitāb al Buyū Terminology Flashcards
(97 cards)
1
Q
إبْتاع
A
to purchase
2
Q
أَرْطالٌا
A
Sing: رَطْل - is a measure of weight
4 muds = 1 Sā = 8 أرطالا
3
Q
إشْتَرَى
A
to purchase
4
Q
أَعْوَاض
A
Sing: عَوْض items of exchange
5
Q
إفْتَكَه
A
to redeem
6
Q
القاءُ الحَجَر
A
Throwing of a stone
A sale transaction prevalent pre-Islam which would become binding by the purchaser throwing a stone at the bargained item.
7
Q
الإقالة
A
Cancellation - of the contract by mutual consent of both parties
the equivalent of the initial price.
8
Q
أَمانة
A
trust
9
Q
بِ
A
In exchange (Although commonly translated as 'with' it is often translated as 'in exchange' in Kitab al Buyu)
10
Q
بائِع
A
Seller
11
Q
باعَ
A
to sell
12
Q
بيتُ المالِ
A
State treasury
13
Q
بَيْع
pl- بُيُوْع
A
Sale / Transaction
14
Q
التَصَرُّف
pl - تصرفات
A
to transact
15
Q
التَفاضُل
A
Unequal quantities/Excess
16
Q
التَوْلِيَة
A
A transaction where the initial price is stated and there is no profit made, items are sold at cost price.
17
Q
ثَمَنٌ
A
pl أثمان
Price/Money/
Currency - Refers mainly to gold and silver as they are regarded as currency and will always hold a value in whatever form they may be.
Purchase price - The price agreed between the buyer and the seller
(appose to قيمة see below)
18
Q
ثَمَنُ حَال
A
Immediate price/payment
19
Q
ثَمَنُ مُؤَجَّل
A
Deferred price/payment/Credit payment
20
Q
جَمِيْعُ الثمن / جُمْلَةُ الثمن / الثمن الأَوّل
A
Initial purchase price/Full purchase price/agreed up price
21
Q
جِنَاية
A
Offence/crime - That necessitates some form of punishment or retaliation
22
Q
جِنْس
A
Genus/Type
23
Q
جِياد
A
Genuine (coins) pure gold or silver
24
Q
حُلُوْلُ الدَّيْن
A
When the (payment of) debt becomes due
25
حِصَّتُهُ مِنَ الثَّمَنِ
Its share of the price/Proportion of the price/Proportionate price
(جملة الثمنAs appose)
26
خِيَارُ العَيْب
Option of defect
| An option given to the purchaser of either returning or keeping an item if he discovers a defect in the item
27
خِيار الرُؤْية
On sight option
| The option of taking or returning given to the purchaser upon seeing the item if he has not seen it before
28
دِرْهَم
Silver coin.
| pl - دراهم
29
ديْنار
Gold coin
| pl - دنانير
30
دَيْن
Debt
31
دَيْنٌ مَضْمُوْنٌ
Liable debt
32
ذِراع
Cubit
33
رَاْس المال
Capital sum/Purchase price-Specifically in reference to a 'salam' transaction
34
راهِن
Pledgor/ The one who deposits something as security (for the payment of a debt)
35
الرِبا
Usury
Namely of two types:
a) Riba al fadl/ Ribà al hadith/Riba al buyü)
b. Ribá al Quran
The books of fiqh generally discuss the first type
36
رِبْحٌ
Profit
37
رَهْنٌ
Pawn/ Security/Pledge/Collateral
38
زُيُوْف
Sing- زيف
Coins deficient in their quality/or debased coins in which the amount of gold or silver was less.
They were accepted by traders not by the state treasury.
39
السَلَم
Forward sale/Future contracts/Pre order/Advance payment
40
سِلْعَة
Goods/Commodity
41
الشَرِكة
Partnership
42
سَوْم
Bargain/deal
43
صاع
A measurement
There is difference of opinion regarding the modern day equivalent of a Sá, majority of the scholars have equated half Så of wheat to be between 1.575kg-2.32kg)
44
صاع
A measurement
There is difference of opinion regarding the modern day equivalent of a Sá, majority of the scholars have equated half Så of wheat to be between 1.575kg-2.32kg)
45
الصَرْف
Currency exchange -
A transaction where both items are of 'currency' (Thaman); traditionally referring to gold and silver, assets made of other things such as copper may also be classed as currency if they are commonly used.
46
صَيْرافِيْ
Money exchanger
47
ضَمَّن
Liability/Accountability/ Responsibility/ Compensate
48
الطَعام
Wheat
(Although literally translated as food it is translated as wheat in
this chapter of Qudūri)
49
عارَ
to lend
50
العِقار
Property/ real estate
51
العَقْد
Contract
52
عَيْب
Fault/Defect
Anything which decreases the value of the item (i.e. reduces the price) is considered a defect
53
غَشَّ
Alloy
This is when a coin is debased.
i.e. when more of a common metal is mixed in comparison to a precious metal.
54
غلة
Inferior broken or low in quality (dirham).
They were accepted by traders not by the state treasury.
55
فَسَخَ
to cancel
56
فُلُوْس
Sing - فلس
Currency/Coins made from other than gold or silver, such as copper coins.
57
قَبَضَ
to take possession
58
قَفِيْز
Dry measurement of volume which is equivalent to 12 Sā
59
قِيْمة
Value of goods/ Market value.
This is different to ثمن which is the purchase price agreed between the buyer and the seller.
60
كسدت
Out of circulation/Not in use (Money)
| Opposite to نافقة
61
كيل
measure of volume
62
كيال
measurer
63
مثلا بمثل
Like for like
An exchange of equal quantities
64
مبتاع
purchaser
65
مَبِيْع
goods
66
متبايعان/المتعاقدات/المتعاقدين
two contracting parties
67
مثل
Fungible/Has equivalent and can easily be replaced.
(Items of these categories also known as ذوات الامثال, this is opposite of ذوات القيم items, which cannot be replaced hence their value will be paid)
68
محوزا
Gathered
I e. not scattered e.g. Fruits on a tree/crops on land (are pledged without the tree/land)
69
مجازفة
Sale by estimation. The volume or weight of item is unknown.
70
مجلس
Contractual session
The contractual session will end if something which indicates disinterest or rejection is found even if both parties are still physically present. Eg. standing up, talking to another person etc.
71
مراحبة
A transaction where the initial price is stated and profit is attained.
72
مُرْتَهِن
Pledgee/ a person to whom a pledge is given.
73
المُزَابَنَة
The sale of fruit (dates) on the tree in exchange for an estimated amount of loose/picked fruit (dates)
74
مَزْرُوْع
Items measured by length
75
المُسَلَّم فيه
Item of sale in a Salam (forward) transaction
76
المَشاع
Common/ public property in which a person holds an undivided interest.
(Undivided interest refers to the ownership of a property/land by more than one individual, however it is not necessary that the land/property can be divided amongst them. Each individual will have equal rights to the entire land/property)
77
مُشْتَرِي
purchaser
78
مُضارَب
Refers to Mudaraba contract:
| where capital is provided by one partner and work is provided by the other.
79
مَعْدُوْد
items counted
80
مُعَسَّرا
hard pressed / poor
81
المَعْقُوْد عليه
subject matter of sale
82
مُفَرَّغا
Vacated
(Not occupied by the rights of the pledgor e.g. a tree with fruit or a land with crops is pledged excluding the fruit and the crops)
83
مَكِيْل
Item measured by volume
84
مَلَامَسة
Mutual touch
It involved a sale transaction prevalent in the times of pre-Islam which would become binding by the purchaser touching the bargained item.
85
مُمَيَزا
Delineated/Distinct not مشاع
86
مَوْزُوْن
Items measured by weight
87
مُوَسَّرا
well off / rich
88
نافقة
in circulation/ usage (Money)
| كسدت - Opposite
89
ناقد الثمن
Examiner of the money/currency -
| Money checker
90
نُقصان
reduction
91
نجش
Bidding for an item without the intention of purchasing the item but rather to deceive the purchaser and raise the price of the item.
92
النَسَاء
to purchase on credit
93
نَقَد
currency
94
نِماء
Growth/Increase -
Offspring/wool/fruit/milk
It includes all natural extensions and expansions such as the fruit of a tree, the offspring of an animal, or the growth on land
95
وَدائِع
Deposits.
Refer to items held for safekeeping. No common day definition of deposits held in bank.
96
وَزَّان الثمن
The one who weighs the money/currency
97
وَكالة
To appoint someone/ Proxy/Agent/Representative
