Word | Meanings |
---|---|
Nafidh Contract | Immediate contract |
Najash | (1) Bidding up the price without an intention to purchase and take delivery of the commodity. |
(2) Prohibited practice of deceiving and inciting a potential buyer of goods during the course of pre-sale negotiations or bidding to secure a greater value that the true worth of the goods. | |
Nass | (1) Clear texts of the Shariah, i.e. the Quran and Sunnah. |
(2) An Arabic word meaning "a known, or clear, legal injunction". Word or text with single meaning; text from the work of a jurist. | |
Nawahi | Prohibitions – acts prohibited by Islam. |
Neaa | Sincerity |
Net Working Capital | Current assets minus current liabilities. |
Nisab | (1) The minimum acceptable standard of living. |
(2) Exemption limit for the payment of zakat. It is different for different types of wealth. | |
Niyyah | Intent or intention while doing a job or action. |
Non-Commutative | The contract of sale is in which seller gives the thing sold, and receives the no price or remuneration in return. Opp. to Commutative. |
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