Ijara, a form of Islamic leasing, allows the lessee to use an asset for a fixed period in exchange for regular payments, often ending with the option to purchase the asset.
A comprehensive overview of Ijarah, an Islamic leasing contract used in Islamic finance, including its historical context, types, key events, applications, and examples.
Istisna is a unique Islamic financial contract, permitting cash payments in advance with delivery of manufactured goods at a future date. It is pivotal in facilitating trade and industrial projects.
Maysir or gambling involves games of chance and is forbidden in Islamic finance due to inherent uncertainties and potential harm. Explore its definition, historical context, applicability, related terms, and more.
A comprehensive overview of Mudaraba, an Islamic finance concept where one party provides capital and the other expertise, including historical context, types, key events, mathematical formulas, and examples.
A comprehensive overview of Murabaha, a pivotal component in Islamic finance, covering its historical context, categories, key events, explanations, and its role in modern financial systems.
An in-depth exploration of Musharaka, a joint venture or partnership in Islamic finance, detailing its principles, historical context, types, significance, and applications.
Riba is an Islamic term referring to the prohibition of usury or the excessive interest charged on loans, strictly forbidden under Islamic finance principles.
Riba, or usury, is the practice of making unethical or immoral monetary gains through interest, explicitly prohibited in Islamic finance. It contrasts with Gharar, which pertains to excessive uncertainty and risk.
An exploration of Sharia, the religious law forming part of the Islamic tradition, encompassing guidelines derived from the Quran and Hadith, and its applications in finance, lifestyle, and society.
Explore Sukuk, bond-like financial products that comply with Islamic finance (Sharia) rules. Learn about their types, structures, benefits, and regulatory considerations.
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