May 08, 2025
When it comes to buying a car, most people need financing. Auto loans (those issued directly by the dealer) typically have lower interest rates than bank loans because the car is u...
Apr 14, 2025
The Islamic finance industry has experienced rapid growth over the past few decades, leading to the emergence of various new issues, one of the most prominent being paper money.
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Apr 11, 2025
What is the Al-Qard Al-hasan in Islamic finance?
The word “Qard” is an Arabic rooted word, which is derived from ‘qirad’, and it means to cut. It is called...
Apr 08, 2025
What is Debt Crowdfunding?
Debt crowdfunding is a method of raising funds in which individuals or businesses borrow money from a large number of people through online platforms, i...
Apr 06, 2025
401(k)s offer a powerful way to grow your retirement savings. But are they halal? Below we’ve broken down how they work – and how to navigate them as a Muslim investor....
Mar 28, 2025
In today's world, the number of transactions within financial institutions is much greater than it was a decade ago. This increase leads to fluctuations in the prices of assets and...
Mar 21, 2025
The Fiqh of Buying Gold
Gold as a Ribawi Item in Islamic Jurisprudence
Gold is one of the six ribawi items, alongside silver, dates, barley, salt, and wheat, as mentioned in the ...
Feb 24, 2025
The documentary credit plays a significant role in international trade, particularly in the form of a letter of credit, where the buyer and seller are in different countries. The d...
Feb 18, 2025
Possession of the subject matter plays a significant role in the sale and purchase contract and is one of the important and essential elements in Islamic law and jurisprudence. Wit...