Category: Fiqh of Transactions

In the realm of economics, the first thing that may come to mind is the collapse of the theories of socialism and communism. One should, though, also take a closer look at capitalism and how far its reality is from what it is supposed to be. ... more

Allah Almighty has said: {But Allah has permitted trade and has forbidden interest.}. [Al-Baqarah 2:275] ... more

Trade is one of the important things in life; people’s life cannot be easy without trade. In life, the man needs many things; such as food, drink, clothes, houses, furniture, vehicles …etc. ... more

In the past usury was practiced by individuals, but the great disaster in our era is that usury is turned to usurious banks which are protected and defended by constitutions and laws issued by governments in the socialist, communist, national, democratic ... more