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Gharar, also known as excessive uncertainty, is a concept in Islamic finance that refers to the presence of excessive ambiguity or uncertainty in a contractual agreement. It is considered undesirable because it can lead to unfairness, exploitation and disputes. In this blog, we explain everything you need to know about Gharar. What is Gharar? In […]
As much as we all feel elated about the month of Ramadan, it can sometimes affect our productivity. Finding the willpower to work while remaining motivated and focused can be harder during Ramadan than on regular days, especially during the last 10 days, because you want to do a lot of ibadah while getting your […]
Ramadan is the blessed month to build good habits. We naturally get involved in more good habits during this month than the rest of the year. Since it's pretty easy to build some great habits, why shouldn't we carry it forward for the rest of our lives? Yes, though good habits are built during Ramadan, […]
The halal investment itself is a broad topic. Islam has greatly emphasized business transactions and financial laws. Halal translates as permissible/lawful, and Haram translates as impermissible/unlawful. Halal and haram is a comprehensive theory, and a Muslim must abide by it. It teaches Muslims the way of life and conduct, food permitted for consumption, and rules […]
So you’ve made the leap into your new home and you took the extra step to get an Islamic Home Loan. Insha Allah, may all of us be able to move into our own house at some point in our lives with the help of Allah the Almighty. If you are on the lookout to […]
Ramadan is the Islamic holy month during which the Muslims observe their fast. Although most of us are familiar with the term" Ramadan" and "Fasting”. There is quite a bit to unpack and many people may have specific questions and curiosity about what this special month and how Muslims conduct it. What exactly is Ramadan […]