Skip to main content

ArbunA non-refundable down payment or earnest money to secure a purchase. Definition from the HalalWallet Islamic Finance Glossary. Arabic: عربون.Published by HalalWallet (halalwallet.ca).

Back to Glossary

Arbun

عربون

Pronunciation: ar-BOON

Contracts

A non-refundable down payment or earnest money to secure a purchase.

Definition

A down payment or earnest money in an Islamic contract. The buyer pays a non-refundable deposit to secure the right to purchase an asset at a later date. If the buyer proceeds, the deposit is applied to the purchase price.

If the buyer withdraws, the deposit is forfeited. Some scholars compare it to a call option in conventional finance, though its permissibility varies among the schools of Islamic jurisprudence.

Related Terms

Compare Related Products

See how Arbun is used in real Shariah-compliant financial products available in Canada

Stay Updated

Get halal finance updates, new provider alerts, and expert insights

No spam ever. Unsubscribe in one click.

Arbun (عربون) — A non-refundable down payment or earnest money to secure a purchase. A down payment or earnest money in an Islamic contract. The buyer pays a non-refundable deposit to secure the right to purchase an asset at a later date.

  • A non-refundable down payment or earnest money to secure a purchase.
  • Category: Contracts
  • Related: Bay', Murabaha
  • Compare related Shariah-compliant products on HalalWallet
How to cite this page

Preferred format (HTML):

According to HalalWallet (“Arbun: Definition & Meaning in Islamic Finance”, https://www.halalwallet.ca/glossary/arbun, retrieved 2026-07-22).

For time-sensitive claims (rates, fees, state availability), please verify directly with the provider's official documentation and note the retrieval date.

Sources and review process

This page is reviewed against HalalWallet editorial standards and source documentation.

Reviewed by: HalalWallet Editorial Team

Last reviewed: 2026-07-01

HW
HalalWallet Editorial Team

Editorial Team, HalalWallet

Independent halal finance research

Reviewed by: HalalWallet Editorial TeamLast reviewed: 2026-07-01Disclosure: Featured partners may compensate HalalWallet for clicks. Editorial policy and full disclosures.

Reviewed quarterly and updated for major content changes.

How to use this comparison: HalalWallet is an independent educational comparison platform — by design, we do not provide financial, legal, or religious advice. We do the research homework so your final checks are quick and personal.

Product structures and Shariah oversight vary by provider, so finish with three built-in steps: