Islamic Banking and Finance Blog
Welcome to the Islamic Finance Blog by AIMS Education — a trusted source for insights, updates, and expert knowledge on the Islamic banking and finance industry. Our Islamic Banking blog offers in-depth analysis, practical guidance, and timely information on Shariah-compliant financial products, services, and global trends.
Whether you’re a student, professional, or enthusiast, our articles will keep you informed about the latest developments and innovations in the ever-growing world of Islamic banking and finance.
Reverse Murabaha or Tawarruq Contract in Islamic Banking
What is Tawarruq Contract or Reverse Murabaha? Tawarruq contract is also referred to as Reverse Murabaha. It is defined as, "A financial instrument in which a buyer purchases a commodity from a seller on [...]
Gharar (Uncertainty) in Islamic Finance: Meaning, and Types with Examples
Gharar Meaning in Islam: Gharar (الغرر) 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 in Islamic banking. [...]
Time Value of Money in Islamic Finance – Concept & Principles
Time Value of Money in Islam The time value of money is a fundamental principle of conventional finance, however, there is no concept of the time value of money in Islamic finance as it [...]
Maysir or Maisir in Islamic Banking
Maysir Meaning Maysir or Maisir is an Arabic term that means gambling. Literally, maysir meaning is ‘getting something too easily’ or ‘getting a profit without working for it.’ Maisir is a game of chance [...]
Fiscal Policy in Islamic Economics
What is Islamic Fiscal Policy? The fiscal policy in Islamic economics is defined as: “The usage of the revenue collected by the Islamic government and expenses made to monitor and influence the economy of [...]
Is Crypto Haram or Halal? Fatwa on Cryptocurrency Halal or Haram
Cryptocurrency and Islam Cryptocurrency, particularly Bitcoin, has been gaining popularity in the world of finance and investment. However, for Muslims, there is a concern about its compliance with Islamic principles. The question remains: Is [...]
What is Halal Mortgage? 3 Famous Islamic Mortgage Models
What is a Halal Mortgage? Not in terms of only religious manner, the halal mortgage is better than a conventional mortgage because there is no interest in an Islamic mortgage. That is why even [...]
Blockchain in Islamic Finance
What is Blockchain in Islamic Banking? Blockchain technology is rapidly gaining the attention of Organizations of Islamic Cooperation. Various Islamic financial institutes are planning to use the blockchain in Islamic finance to bring its [...]
What are Islamic or Halal Loans? Rules for Shariah Lending
What are Halal Loans? Islamic banking is a system of banking that follows Islamic principles and guidelines. The majority of Muslims prefer this form of banking because it complies with the fundamental principles of [...]
Islamic Capital Market
What is Islamic Capital Market? At its heart, the Islamic Capital Market is one where transactions for Shariah-compliant financial assets are handled. Unlike conventional capital markets, Islamic capital market instruments and products are compliant [...]