One of the key characteristics of gharar is that it aims to prevent “excessive” risk and excessive uncertainty.
However, all business and investment activity invol
Many of the articles and topics discussed here mention gharar, and how many of the halal investments and assets explored avoid it.
While we’ve generally defined gharar a
In Islamic Finance, debt, lending and borrowing are governed by the principles laid out by the Qur’an and Sunnah. These principles emphasize justice, fairness, and the prohib
Financial institutions play a crucial role in today’s financial transactions, offering a range of services. Among the most commonly used services are ATM services. ATM cards
What is Regtech?
Regulatory technology, or Regtech, is swiftly emerging as a transformative force in the business world. Initially embraced by the financial services industry, Reg
Over the past few decades, Muslims have been striving to restructure their financial systems in accordance with Islamic law and principles. The conventional financial institutions,
From the earliest times, people have engaged in the exchange of various commodities through different forms of trade and sale. There are two main types of sales: spot sales and def
One of the most difficult decisions a business owner can take in their career is to decide to raise capital through equity, which will result in diluting the owner’s share in
A mortgage is one of the most common financing needs for the average person or household, as home prices usually fall far ahead of the average disposable income. It should then com
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