From a shari’a perspective, zakat (mandatory alms) cannot (or need not) be payable unless a number of conditions are met....
Murabaha (also spelled murabahah) is a shari’a compatible mode of debt financing which involves the sale of a commodity mostly...
Hibah (هبة) is a gift (an amount of wealth) given gratis (for no consideration/ iwadh) for the sake of the...
Trading (mutajarah) refers to the activities of buying a certain object (commodity, asset, etc) with the intention of selling, typically...
Ordinary hibah (هبة) is a gift (an amount of wealth) given gratis (for no consideration) for the sake of the...
Adl or al-adl is Arabic (العدل) for justice or fairness. In general, the term “al-adl” relates to the concepts of...
Literally, riba (ربا) denotes the meanings of excess, increase, growth, accretion and expansion. Technically, it refers to: Every excess in...
According to shari'ah, hibat al-thawab (هبة الثواب) must involve a well defined subject-matter and this is the opinion of jumhur...
Murabaha (also spelled murabahah) is a shari’a compatible mode of debt financing which involves the sale of a commodity mostly...
Ju’alah (also transliterated ju’ala or jua'ala/ jua'alah) is a commutative contract in which one the parties (known in Arabic as...