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Sources and Uses of Funds in a Qardh Fund

An Islamic bank may set up a qardh fund as a means of serving specific social objectives through providing for...

Stipulation of a Contract of Sale in a Contract of Qard (Qardh)

Qard (qardh) is an Islamic equivalent of loan, though it is an interest-free loan. It is defined as the transfer...

Elements of Qard Contract

The elements (arkan) of qard (interest-free loan) are as follows:  Contact form (sighah): offer and acceptance using what denotes qard...

Modern Applications of Qard

The contract of qard (interest-free loan) may be put into practical use in many shari'ah-compliant ways, key among which are...