Here are some of the key terms related to Islamic, or sharia compliant investing. 

Riba

The Islamic term for interest which is prohibited in Islamic/Sharia compliant financing. 

Husna

Simply defined, this is a godly loan. You borrow and return the same amount of money, meaning no one is increasing their wealth through interest earned on the investment

Mudharabah

Widely known as a profit-sharing contract where one party provides funds to another party that provides management expertise in return. The profits are then shared between two parties. 

Ujrah

Fee paid to an agent or third party for their services within the creation of a financial investment arrangement 

Wakalah

Is a contract between an agent and principal. This contract enables the agent to render services and be paid a fee (Ujrah). This type of agreement enables the pooling of investors into a yield sharing structure.

Sukuk 

Is a certifcate of investment that represents a portion of ownership, in a portfolio of eligble existing or future assets. Also commonly referred to as "sharia compliant" bonds.