Creditor’s Rights and Debt Management
Islam has given rights and duties to every individual whether it be a parent, leader, judge, creditor, debtor or teacher. Similarly, creditor’s rights have been...
How Shariah Compliant are you?
Debentures, rebate, rollovers, collaterals, liens, mortgages, shares, bonds: a never ending list! There may be hundreds of terminologies in circulation in the financial world of...
Musharakah- Introduction to Islamic Finance by Mufti Taqi Uthmani Hafizahullah
‘Musharakah’ is a word of Arabic origin which literally means sharing. In the context of business and trade it means a joint enterprise in which...
Defective Contracts
A contract can be afflicted by a number of defects that may render it invalid or incapable of generating its intended results intended for it...
Al Mabroor Buffalo project
Introduction and purpose The Al Mabroor buffalo project offers interested parties the opportunity to partake in the lucrative buffalo farming and breeding trade. Game farming...
General Introduction to Islamic banking
Islam is not only a religion in the ordinary sense of the word, but a complete system of life. While other religious codes provide guidance...
The oppressive nature of interest by Maulana Faraz ibn Adam
1) Peter takes a loan from the bank. The bank gives him the money deposited by us. 2) He makes a profit in his...
The severity of interest in the Quran and Ahaadith
Almighty Allah states in the Quran: “Those who consume interest shall not stand up on the Day of Resurrection except like him who shaytaan has...