Islamic Finance Blogs and Articles | AIMS UK2020-02-25T11:42:10+00:00

Wadiah

What is Wadiah? Wadiah 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 what it is, types [...]

November 22nd, 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, and it literally means ‘getting something too easily’, or ‘getting a profit without working for it’. Maysir is a game [...]

September 24th, 2019|

Bitcoin Fatwa

Is Bitcoin 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 whether bitcoin Halal or Haram. There are [...]

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|

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