Warning: Creating default object from empty value in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/plugins/independent-core/admin/ReduxCore/inc/class.redux_filesystem.php on line 29 Islamic Finance – Page 16 – Fincyclopedia
[wpdreams_ajaxsearchpro id=44 ]
  • Monday, April 28, 2025
  • The Financial Encyclopedia
[wpdreams_ajaxsearchpro id=43 ]
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/category.php on line 74

Examples of Gharar

Gharar is an element of risk (mukhatarah), uncertainty, hazard, or lack of transparency (asymmetric information) that could render a contract...

    Uses of Ijarah

    Ijarah is a financial contract that involves the transfer of the right to the usufruct (manfa'ah) or benefit of a...

      Difference Between Zakat and Tax

      Zakat (زكاة) is Arabic for obligatory charity (the third pillar of Islam). It constitutes a portion of wealth prescribed by...

        Types of Sharikah

        Sharikah (partnership or corporate entity) or musharakah (the process of forming sharikah) is the commingling of funds and/or resources from...

          Shari’ah Basis for Permissibility of Murabahah

          Murabahah is a type of trust sale (buyu al-amanah) whereby acquisition of assets is financed on short or relatively long...

            Legitimacy of Murabahah

            Murabahah is a type of trust sale (buyu al-amanah) whereby acquisition of assets is financed on short or relatively long...

              Binding and Nonbinding Contracts

              In Islamic financial mua'amalat, valid (sahih) and effective (nafizh) contracts can be classified as binding (lazim) and nonbinding (ghair lazim)...

                Differences Between Ju’alah and Ijarah

                Ju’alah (also transliterated ju’ala or jua’ala/ jua’alah) is a commutative contract in which one the parties (known in Arabic as...

                  Applications of Ijarah

                  Ijarah is a financial contract that involves the transfer of the right to the usufruct (manfa’ah) or benefit of a...

                    PER Versus IRR

                    The profit equalization reserve (PER) is the amount appropriated by an Islamic bank or financial institution out of the mudaraba...