It stands for investment risk reserve; a reserve that is created by an Islamic bank by appropriating a specific amount out of...

A ruse/ trick/ stratagem that is used in commercial or financial transactions as a means to circumvent the basic prohibitions...

A ruse/ trick/ stratagem that is used in commercial or financial transactions as a means to circumvent the basic prohibitions...

A method of possession transfer whereby an asset (or any form of wealth) is gifted to another party for free-...

Waqf (وقف), as a subject-matter, is an income-generating property or a functional asset whose usufruct is assigned by the owner...

In the context of selling (al-ba'i or al-bay'- البيع), al-ribh (in Arabic script: الربح) refers to the difference resulting from selling products and services...

Interest that is earned on lending money to another party (or interest that is paid on borrowing money from another party)....

The six substances (items) that are sold by weight and measure, literally: gold, silver, dates, wheat, salt and barley. Exchanging...

Interest that is earned on lending money to another party (or interest that is paid on borrowing money from another party)....

Interest that is earned on lending money to another party (or interest that is paid on borrowing money from another party)....