Explore the world of forbidden income and discover the hidden risks associated with illegal earnings. Learn how to identify and prevent money laundering activities that can lead to severe legal consequences…
Contractual Provisions (25) It is a requirement for a contract to be valid that both parties entering into the contract are of sound mind and have reached the age of maturity. (26) The sale of property to a mentally unsound …
If a sale is conditioned upon an invalid condition, then the sale itself is invalid. The following three types of conditions in a sale, in addition to the conditions required by the contract, are considered invalid…
After a brief introduction to capitalism and communism, what is the Islamic view of the four basic problems of the economy that were described? It should be clear from the first step that Islam…
First of all, let’s go about the capitalist system. What method has this system adopted to solve these four problems, i.e., determining priorities, allocating resources, and distributing income and development? Every man should be left completely free for commercial and industrial activities…
What’s Islamic Finance and how Does It Work? Islamic finance is a means of doing fiscal transactions and banking whereas respecting Islamic legislation or sharia. Islamic finance rarely existed 30 years in the past yet nowadays is a $2.5 …
Islamic Finance Converges With Sustainability One neighborhood of financiers believes it has a ready-made answer to the all of a sudden rising global issues over sustainability. Islamic finance, say its proponents, can aid divert capital flows in opposition t …