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...
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...
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 ...
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 ...
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...
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...
Arbon plays a significant role in Islamic financial contracts. The buyer benefits by having the right to revoke the contract if he realises it is not in his favour, while the selle...
Why gold trading is a popular investment choice?
Investment is a growing phenomenon observed in the community. Investors have different financial needs and expectations. Saving mo...
Islam is not just a religion, but a complete way of life. In every aspect of a person's life, the creator has ordained rulings that govern him. From his Aqa’id (beliefs), to ...
This website uses cookies to enhance your experience. By clicking "Accept," you agree to the use of essential analytics and marketing cookies. Blocking some cookies may impact your experience
For details, see our
Privacy Policy
.