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Dhaman — A guarantee or warranty in Islamic commercial transactions. Definition from the HalalWallet Islamic Finance Glossary. Arabic: ضمان.Published by HalalWallet (halalwallet.us).

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Dhaman

ضمان

Pronunciation: dha-MAAN

Contracts

A guarantee or warranty in Islamic commercial transactions.

Definition

A guarantee or warranty in Islamic law. In commercial transactions, dhaman refers to a guarantee provided by a third party to cover a financial obligation if the primary debtor defaults.

Unlike conventional guarantees that may involve a fee (which could constitute riba), an Islamic guarantee (kafalah) should ideally be provided without charge as a charitable act, though some scholars permit a fee to cover administrative costs.

Related Terms

Kafalahكفالة

A guarantee or surety where a third party assumes responsibility for another's financial obligation.

Rahnرهن

Collateral or pledge — an asset provided as security for a debt or financial obligation.

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Quick Answer

Dhaman (ضمان) — A guarantee or warranty in Islamic commercial transactions. A guarantee or warranty in Islamic law. In commercial transactions, dhaman refers to a guarantee provided by a third party to cover a financial obligation if the primary debtor defaults.

Key Takeaways

  • A guarantee or warranty in Islamic commercial transactions.
  • Category: Contracts
  • Related: Kafalah, Rahn
How to cite this page

Preferred format:

HalalWallet. “Dhaman: Definition & Meaning in Islamic Finance.” HalalWallet, https://www.halalwallet.us/glossary/dhaman. Accessed 2026-03-19.

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

Reviewed by: HalalWallet Editorial Team

Last reviewed: 2026-03-06

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Zain Arshad

Co-Founder & CTO, HalalWallet

UA Labs Founder · 200+ Projects · Islamic Finance Specialist

Reviewed by: HalalWallet Editorial Team•Last reviewed: 2026-03-06•Disclosure: Featured partners may compensate HalalWallet for clicks. Editorial policy and full disclosures.

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