There are 4 names in this directory beginning with the letter W.
The expression of willingness and commitment by one party to perform a certain action in the future. Wa’ad is a unilateral promise binding only the promisor but not binding the promisee to accept the offer.
The deposit of funds or assets by a person with an Islamic bank. In this arrangement, the depositor deposits his funds or assets with the bank for safekeeping and, in most of the agreements, the bank charges a fee for the safe custody of the depositor’s funds.
A contract under which one party appoints another to act as their agent or to manage an investment on their behalf.