Ijarah
Ijarah Overview Meaning of Ijara Important Terms Important Points Types of Ijara Ijara vs conventional leasing Meaning The Arabic term ijara means “to give something on rent”… Read More »Ijarah
Ijarah
Islamic Banking and Finance in India
Introduction Islamic Finance is a newly emerging system in most of the country. So, first of all, let us know what Islamic finance talks about?… Read More »Islamic Banking and Finance in India
Prohibition of Usury in Major Religions
Prohibition of Usury in Major Religions Prohibition of Usury in Islam The word “Riba” is used in the Holy Quran 8 times. In 30:39,4:161,3:130,… Read More »Prohibition of Usury in Major Religions
Dangers of Riba
The Dangers of Riba The word “Riba” means excess, increase or addition. According to shariah, it is any excess compensation without due consideration. Riba or… Read More »Dangers of Riba
Al-Luqatah (Lost Property)
Al-Luqatah (Lost Property) Lost Property Must be Announced for a Whole Year Question: I found some lost gold and sold it and then gave… Read More »Al-Luqatah (Lost Property)
Ruling on Commercial Insurance
Ruling on Commercial Insurance Question: If a businessman makes a deal with a foreign company for rice, sugar or tea, for example, the… Read More »Ruling on Commercial Insurance
Cooperative and Commercial Insurance
Cooperative and Commercial Insurance Question: Cooperative insurance is sometimes described as the lawful alternative to commercial insurance. In what ways do the two types differ?… Read More »Cooperative and Commercial Insurance
The Ruling on Insuring Cars
The Ruling on Insuring Cars Question: A questioner is asking about the ruling on insuring cars, since the daily car rental agencies in airports insure… Read More »The Ruling on Insuring Cars
What is the ruling on insurance?
What is the ruling on insurance? Question: What is the ruling on insurance, whether it be life insurance or property insurance? Insuring one’s life and property… Read More »What is the ruling on insurance?
Quran on Riba
Quran on Riba Quran 30:39 Whatever Ribā (increased amount) you give, so that it may increase in the wealth of the people, it does… Read More »Quran on Riba
The Prohibition of Riba in Stages
The Prohibition of Riba in Stages Allah (swt) is the only one knows his slave best. The one who created knows the adaptation process of… Read More »The Prohibition of Riba in Stages