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Islamic Finance




Riba al-Muzabanah


A type of riba which involves, according to Maliki jurists, the sale of a measured amount of a commodity for an unmeasured amount of the same commodity, or the sale of an unmeasured amount for an unmeasured amount. The basis of prohibition is uncertainty as to the amounts exchanged, potentially resulting in one amount exceeding the other (hence riba comes out). The sale is prohibited whether the underlying commodities are foodstuff or not.



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