The amounts kept by depositors in savings accounts at Islamic financial institutions are based on the Mudarabah contract. The depositor acts as Rab ul Maal and the Islamic financia...
No one likes taxes. But without them, governments can’t fund essential public services, especially things that should be made accessible and affordable, like education and he...
Saudi Arabia is emerging as a prime destination for investments. In 2024, it received SAR 119 billion (approximately $31.7 billion) from foreign investors, a 24% increase from the ...
Understanding the Debate Around Life Insurance in Islam
Insurance and its alternatives have become an essential part of modern life for both individuals and businesses. Every pers...
Why Is Interest Considered Haram?
In Islam, the concept of money differs from that of the contemporary view. In Islam, money is merely a medium of exchange and is not identifie...
Islam is all about protecting human beings from unpleasant and unfortunate events. In mutual dealings, sometimes one suffers or faces losses. To avoid such unfortunate situations, ...
In Saudi Arabia, investment has undergone significant growth over the past decade. People who previously only used banks or brokers, are now using their phones to open accounts and...
It’s easier than ever to make money online. The hardest part is knowing how to start. In this guide, we’ve broken down the 12 easiest ways to start earning money online...
When Riyadh Season began a few years ago, it was viewed as only concerts, sports games and cultural shows to keep locals and visitors entertained. Today, as the Kingdom of Saudi Ar...
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