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Types of Musharakah

Overview of the concept of Musharakah and its significance in Islam

Jan 15, 2025
The term Musharakah is an Arabic-rooted word derived from the word ‘Shirkah’, meaning ‘being a partner’. In the context of Islamic jurisprudence, Musharak
Gharar in conventional finance

Gharar in conventional finance

Jan 10, 2025
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
Conventional Fixed Deposit (FD) vs. Islamic Fixed Deposit (FD)

What is the Difference between Conventional Fixed Deposit (FD) & Islamic Fixed Deposit (FD)?

Dec 21, 2024
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
ISAs (Islamic Saving Accounts)

All You Need to Know About ISAs (Islamic Saving Accounts)

Dec 20, 2024
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
The red line between gharar and business risk

The red line between gharar and business risk

Dec 14, 2024
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
Gharar: What exactly is it and how to avoid it

Gharar: What exactly is it and how to avoid it?

Dec 14, 2024
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
Islamic view of debt, lending and borrowing.

Islamic view of debt, lending and borrowing.

Dec 09, 2024
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
Are Credit Cards Halal to Use

Are Credit Cards Inherently Haram?

Dec 07, 2024
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
Is Islamic Banking Truly Halal?

Is Islamic Banking Truly Halal? Debunking Myths & Misconceptions

Nov 26, 2024
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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