Wakeel | Practical Law

Wakeel

Wakeel

Practical Law Glossary Item 9-502-0022 (Approx. 2 pages)

Glossary

Wakeel

Also known as wakil. The investment agent appointed under a Sharia-compliant agency agreement (wakala).

For more information on Islamic finance in the UK, see Practice notes, Islamic finance: UK law overview and A guide to key resources: Islamic finance.

For more information on Islamic finance in the US, see Islamic Finance: US Law Overview.