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.

Tameen

Another name of Takaful (Islamic insurance). See Takaful.

Tamlik

Transferring ownership.

Tamyiz

Discretion; sense of discriminating between right and wrong evident in the behavior of a minor.

Taqabbul al- 'amal

Acceptance of work by either partner in a partnership based on labor.

Taqva

Piety, Purety.

Tarjih

Preference of one legal evidence over another in the derivation of the rules of law.

Tasarruf

Act; right to transact; right of disposal of property.

Tawliyah

Sale at cost without any profit for the seller.

Tawqit

Limiting duration of contract or another legal act.

Tijarah

Sale & Agency based financing facility for Customers who sell Finished Goods on Credit basis. This facility enables Customers to sell their Finished Goods stock, meet their working capital requirements and enjoy the benefits of Cash sales.