With the rapid growth of Islamic finance across various institutions, the importance of Rahn has also increased.Rahn allows people to borrow money when they are in need by pledging...
In today’s world, many employees seek to save their money for future challenges. In this context, some employees choose to invest in fixed-return instruments, earning a fixed...
The role of commission is crucial in Islamic financial institutions. There are different types of services offered by Islamic financial institutions under the commission (Wakalah) ...
Islamic credit cards play an important role in Islamic financial institutions and offer various services to cardholders in a Shariah-compliant manner.Unlike conventional credit car...
Education is the basic and necessary need of each individual of the society. Unfortunately, many deserving students are unable to continue their education due to financial constrai...
Nowadays, there are different types of sales that did not exist in the earlier eras. Over the last few decades, financial transactions have become more complex, both from a transac...
Zakat is one of the Five Pillars of Islam, made mandatory by Allah (S.W.T.) upon every Muslim under specific terms and conditions. Various forms of wealth are subject to Zakat, and...
Salary advances or as they are known in Arabic as “sulfa” are loans given to employees by their employers in case of a financial need or emergency. This can range from ...
There are various methods for paying for a purchased commodity. The simplest is direct cash payment. However, payment may also be made through Hawalah, in which the buyer, instead ...
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