Islamic Finance Blogs and Articles | AIMS UK2022-02-15T12:08:06+00:00

Wadiah

What is Wadiah? It is a term that often gets thrown around in the Islamic community, but what does it mean? The aim of this article will be to explore it and types of [...]

November 22nd, 2021|

Tawarruq

What is Tawarruq Contract or Reverse Murabaha? Tawarruq contract is also referred as Reverse Murabaha, and it is defined as follows: “Tawarruq is a financial instrument in which a buyer purchases a commodity from [...]

February 24th, 2021|

Gharar

What is Gharar in Islamic Banking? It literally means uncertainty, hazard, chance or risk. Islamic dictionary describes it as "The sale of what is not present". Now let us understand, what is gharar? Gharar [...]

March 13th, 2020|

Maysir

Maysir and Games of Chances: Maysir is an Arabic terminology and it means gambling. Literally maysir meaning is ‘getting something too easily’, or ‘getting a profit without working for it’. Maisir is a game [...]

September 24th, 2019|

Is Crypto Halal

Is Cryptocurrency Halal or Haram? After the introduction of bitcoin, the biggest debate that has been going on in the Islamic banks and financial institutes is that, is crypto halal? or is crypto haram? [...]

January 16th, 2019|

Islamic Mortgage

What is Islamic Mortgage? There are many people who think that halal mortgage is better as compared to conventional mortgage because there is no interest rate. That is why even Non-Muslims are interested in [...]

December 5th, 2018|

Islamic Blockchain

Understanding Blockchain in Islamic Banking: The blockchain technology is rapidly gaining the attention of Organizations of Islamic Cooperation. There are various Islamic financial institutes which are planning to use the blockchain system to bring [...]

November 7th, 2018|

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