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Home > QFINANCE Dictionary > Definition of wakalah

Definition of

wakalah

Finance

contract appointing agent in Islamic financing, a contract in which one person appoints another person to act as an agent on their behalf in a transaction

Definitions of ’wakalah’ and meaning of ’wakalah’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’wakalah’ and other financial terms with our online QFINANCE Financial Dictionary.

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