Explore the term JAIYID (جيد), which refers to pure money or current coin in Islamic jurisprudence. Understand its significance and impact on Islamic financial practices.
Delve into the historical and legal aspects of base money in Islamic finance, focusing on the trade and value differences between pure and base dirhams. Explore the legal permissibility of such exchanges and their implications in the commercial and ethical landscape.
Explore the complex relationship between capitalism and Islamic economics, delving into Quranic support, ethical practices, and the historical evolution of Islamic economic thought. Understand contemporary Islamic banking practices and how they seek to balance profit with social justice.
Dive into Islamic Banking, an interest-free banking system grounded in Islamic Law. Discover its principles and major historical developments, and how it has expanded globally.
Explore QARẒ (قرض), the Islamic concept of a loan as both a charitable good deed and as a financial transaction. Understand its significance in Islamic finance and culture, along with its ethical and religious implications.
Explore Murābaḥah, an essential Islamic financing structure that emphasizes transparency and fairness in trade. Learn its definition, background, cultural implications, and more.
Murabahah offers a unique perspective on ethical finance, promoting transparency and risk-sharing in Islamic banking. Learn about its significance and how it shapes modern Islamic financial practices.
Delve into Ijarah, the Islamic financial term for leasing, and see how it aligns with Islamic principles by circumventing the prohibition of interest. Learn about its mechanisms, history, and cultural variations across the Muslim world.
Explore the concept of ribā (usury) in Islamic jurisprudence. Understand its historical context, theological basis, and legal implications as established by the Qur'an, Hadith, and scholarly interpretations.
