The term Musharakah is an Arabic-rooted word derived from the word ‘Shirkah’, meaning ‘being a partner’.
In the context of Islamic jurisprudence, Musharak
There’s a lot of intersectionality between conventional finance and Islamic finance – so long as it avoids interest (riba), activities and goods forbidden outright by I
Did you know that about 1.9 billion people in the world have faiths related to finances that keep them from accruing interest?
With increased awareness about ethical investment g
Across the world, people can generally be categorized into two types based on their professional focus. The first group consists of entrepreneurs and business owners who possess th
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
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,
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