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Glossary of Islamic Banking Terminology- T -
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T.C.A/C
Time Credit Account

Ta’yin
ascertainment of the goods sold through weight or measure.

Tabarru
act of charity.

Tafwid
delegation.

Tahjir
Earmarking a piece of wasteland that has no owner by an individual in order to rehabilitate it. (This establishes the right of ownership on such land).

Takaful
Islamic Insurance. A scheme of mutual support that  provides insurance to individuals against hazards of falling into unexpected and dire need.

Takhrij
derivation; a methodology practised by the faqih, and that is based upon reasoning from principles.

Takhsis
restriction; restriction of the meaning of a text.

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