Tawarruq/tassiyeel Monetisation, to convert something to cash. One party purchases an asset on credit from a second party on a deferred payment basis, and then sells it on to a third party, receiving instant cash. Used by some Islamic banks to provide cash financing to customers (also known as "commodity murabaha"). In "organised" tawarruq, the first party does not take material ownership of the asset; this is controversial among some scholars.