Filter by Categories
Accounting
Banking

Islamic Finance




Fardh


Arabic for obligation or duty. In this sense, and in usul al-fiqh, fardh (فرض) encompasses all acts considered by shari’a a must-do by Muslims, whether individually or collectively. Accordingly, furoodh (pl. of fardh) are usually classified as fardh ‘ayn (فرض عين) or fardh kifayah (فرض كفاية).

In Arabic, fardh may also refer to imposition, estimation, or decisiveness. Technically, in matters related to inheritance, it means a share of inheritance assigned to an heir (warith) based on a shari’a text (nass) or consensus.



ABC
The last three decades have witnessed the modern rebirth of Islamic finance both in terms of literature and practice. Islamic banks and ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*