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Al-qabil |
In a contract
of qabalah, a person who provides surety in landed
property for the payment of tax. It is used in the same
sense as al-kafil. The qabil was a tax-farmer
who acted as an intermediary between the tax payers and the
government's tax collectors.
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al-qarrd al
hasan |
A virtuous
loan. Tech: A loan with the stipulation to return the
principal sum in the future without any increase.
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al-qasabah |
A measure
oflength: 13.6604 square metres.
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al-qassaam |
Tech: Relating
to zakat administration, it refers to the person
appointed to distribute zakat revenues.
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al-qata' |
See
al-muqataah.
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al-qataai'(
(sing: al-qati-'ah) |
See
al-iqta.
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Qatar
Islamic Bank (QIB) |
Incorporated
on 7 July 1983. Authorized capital, QR200 million. Paid-up
capital, QR50 million.
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al-qiimah |
Value, worth,
size of an amount. Tech: Price of an article as prevalent in
the market as compared to thaman which is the price
of an article as agreed by the buyer and the seller
irrespective of the marker price.
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al-qimaar |
Gambling.
Tech: An agreement in which possession of a property is
contingent upon the happening of an uncertain event. By
implication it applies to those agreements in which there is
a definite loss for one party and definite gain for the
other without specifying which party will lose and which
will gain.
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al-qiimii |
Non-fungibles.
Tech: Things those are distinguishable. For example, if a
person borrows a horse, it is not the same thing to return
any horse. Horses are distinguishable by color, age,
lineage, etc., and are therefore qimi. See
al-mithli for indistinguishable things.
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al-qintaar |
A weight of
varying measures in different periods of.Muslim history. It
refers to a large quantity of gold and silver. Some say it
was equal to 1200 uqiyah; others say it was equal to
1000 dinars; still other's think it was equal to 1200
dirhams. In another opinion it was 80,000 dirhams
or 100 ratl of gold.
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al-qiraad |
An alternate
term for al-mudarabah.
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qiraad market |
Market for
qirad funds. In Islamic economy funds for qirad
may be available through banks, insurance companies, joint
stock companies, mutual funds, investment trusts and other
financial intermediaries. The supply of and demand for
qirad funds determines the ratio for distributing
uncertain outcomes of the enterprise. This ratio has been
variously termed in the literature as qirad rate,
profit-share, B.R.P-D.R.P., mudarabah rate, etc. The
qirad market automatically adjusts this rate but the
central bank may also intervene and prescribe qirad
rates for different sectors.
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al-qiirat |
A measure of
weight and length of varying sizes in different ages. A
qirat for measuring silver and commodities is equivalent
to 0.248 grams and for measuring gold, 0.2120 grams. For
lI!easuring length, a qirat is equivalent to 175
metres.
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al-qirbah |
Lit: A skin
bag for water. Tech: A measure for liquids equivalents to 40
sa or 68.48 litres.
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Qismatul
ghuramaa' |
Distribution
of the assets of the bankrupt among the creditors in
proportion to their debts.
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al-qist |
A measure.
Tech: One qist is 0.5 sa. According to Hanafites it is equal
to 1.631 kilograms or 1.680 litres, while according to other
jurists it is equal to 1.086 kilograms or 1.374 litres.
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al-qiyaas |
Measure,
example, comparison, analogy. Tech: Derivation of the law on
the analogy of another law if the basis (illah) of the two
is the same. It is a primary source of Islamic economics.
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aI-Qur'aan |
The book of
Allah revealed to the Prophet Muhammad and transmitted to
the present age through an incessant chain.
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al-qusaarah |
In a contract
of muhaqalah, grains left over in the ears after
thrashing. The qusarah also belonged to the landlord.
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