Islam is a religion of mercy, kindness, and cooperation for the entire world. One of its common teachings for human beings is to be beneficial to others. As mentioned in the Hadith...
Currency has been used as a medium of exchange for centuries. Individuals and enterprises have bought and sold items with currency and have engaged in economic trade through the me...
Margin trading is a common practice in finance. It is ubiquitous with most brokers and stock traders across most of the world’s stock markets and derivatives exchanges. In ma...
There are various types of transactions that are considered invalid (bāṭil) from a Shariah perspective. One of the most commonly debated among them is short selling. In many cases,...
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...
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...
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...
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...
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 ...
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