Search
Generic filters
Filter by Categories
Accounting
Banking

Islamic Finance




Rokhsah


Arabic (رخصة) for a dispensation or permission or exemption as given by shari’a to Muslims in specific circumstances (e.g., illness, age, travel, force majeure, poverty, coercion, etc). This involves permitting a more relaxed application of shari’a rules and precepts due to a pressing need or necessity. In this sense, rokhsah is an exception to the general injunction or prohibition of an act.

Rokhsah (sing. of rokhas) might also be translated as tolerance or laxity or indulgence.

Rokhsah is usually classified as rokhsah mubahah, rokhsah mandubah, rokhsah wajibah, and rokhsah makruhah.



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    Your email address will not be published.*