Derivatives
Rolling Hedge
July 27, 2021
Derivatives
Individually Floored Put
July 28, 2021

An Arabic term (أكل أموال الناس بالباطل) that translates as unlawful acquisition of wealth (mal) or unjust enrichment. It describes a process of illegal wealth acquisition through different means such as qimar, riba, bribery, theft, fraud, etc. It is mentioned in the Holy Quran (literally, “eating or usurping someone else’s property unjustifiably or illegally”) and is strictly forbidden by shari’a.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts