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In this episode, we talk about deceptive business practices known as Gharar.
Abu Hurairah states, “The Prophet forbade selling by way of tossing stones to settle a sale (Al-Haasah), and the sale of Gharar.” (Muslim)
What is Gharar?
Uncertainty, hazard, chance, risk, delusion,...
Discussion continues with a talk about bitcoin, investments, mutual funds, shares, gold, REIT's, Sukuk, bonds and credit cards.
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In this episode we continue our discussion about riba. We talk specifically about key rules and types of riba (interest) and give some practical examples.
Summary of rules by Imam Nawavi:
- When the underlying ‘Illah (operative cause behind a law) of the two goods being...
In this episode, we take a look at the prohibition of Riba (interest) in Islam and other religions - as well as some of the wisdom behind it.
Where to listen
You can subscribe to the "Islamic Finance Podcast" with an app on your phone or computer and listen to episodes whenever you...
In this episode, we take a deeper look into contracts and some everyday transactions.
What is the difference between a home loan and home financing? Is there such a thing as Islamic home loan?
All this and more in this weeks episode.
Where to learn more:
Australian Centre for Islamic Finance...
In this 1st episode of the Season 2, we are looking into Islamic Law of Contracts and Business Transactions. This is a critical topic to understand what is permissible and what is not in various commercial transactions and financial arrangements.
Where to listen
You can subscribe to the ...