Oct 28, 2025
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...
Oct 27, 2025
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...
Oct 20, 2025
Silver is considered as Amwaal Al Ribawiyyah, a Ribawi commodity. The key governing principle for the exchange of silver is Bai‘ al-Sarf. In Bai‘ al-Sarf, instant posse...
Oct 18, 2025
In a global environment swimming in uncertainty, precious metals are on a historic bull run. The price of gold is up about 60 percent year-to-date, and the price of silver is up ab...
Oct 13, 2025
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 ...
Sep 25, 2025
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 ...
Sep 22, 2025
The partnership between Muslims and Non-Muslims is not prohibited and cannot be considered invalid, except when it involves activities banned by Shariah. What truly matters is whet...
Sep 19, 2025
What Is Zakat?
Zakat is a form of obligatory charity one must perform, and is one of the five pillars of Islam. Its importance is highlighted by the numerous mentions in the Quran...
Sep 16, 2025
What is Credit Risk?
Credit risk asks a fairly simple question: how likely is it that this borrower won’t pay back their debts? Investors and lenders use it as a quick snaps...