Jun 17, 2025
As we discussed in a previous entry, commodity riba is the unfair or excessive gain that could arise from the trade or exchange of the same good or type of good but in different qu...
Jun 11, 2025
One of the most important types of sale that has become widespread among members of society nowadays is the installment sale.
The reason behind its widespread adoption is the inte...
May 28, 2025
Riba, or usury, is a well-known crime in Islamic finance, as the religion views it as violating principles of fairness and ethical trade. Riba as it applies to lending, borrowing a...
May 18, 2025
Islamic finance has witnessed a rapid expansion in the last few decades, with a variety of Shariah-compliant instruments and Islamic banking services being introduced.Shariah-compl...
May 17, 2025
Tawarruq plays a crucial role in Islamic finance and serves as a fundamental pillar, offering an alternative to conventional interest-based transactions while strictly adhering to ...
May 13, 2025
Foreign exchange (forex), known in Arabic as bai' al-sarf, refers to currency exchange transactions, whether involving the same currency or different currencies.Forex trading invol...
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.
...
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...