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Bills Of Exchange
Bills of exchange, or drafts, are written orders from one party to another instructing payment to a third party; it is impermissible to buy, sell...
Bills of exchange, or drafts, are written orders from one party to another instructing payment to a third party; it is impermissible to buy, sell...
Bonds
Bonds are interest-bearing securities that obligate the issuer to pay the holder an interest charge in addition to the principal amount at some...
Bonds are interest-bearing securities that obligate the issuer to pay the holder an interest charge in addition to the principal amount at some...
Bribery
Amr bin Ala’s reported that the Prophet (Allah bless him and give him peace) said: “There is no people among whom adultery becomes widespread but...
Amr bin Ala’s reported that the Prophet (Allah bless him and give him peace) said: “There is no people among whom adultery becomes widespread but...
Bribe Given As Gift
Bribes given or taken in the guise of a gift remain bribes and are impermissible.
Bribes given or taken in the guise of a gift remain bribes and are impermissible.
Bribe Given Willingly
Even when the bribe is given or taken willingly, they are impermissible and the sin remains.
Even when the bribe is given or taken willingly, they are impermissible and the sin remains.
Compensation For Bribes Accepted
It is obligatory to return money taken in bribes or to monetarily compensate individuals or institutions to the extent that one benefits from the...
It is obligatory to return money taken in bribes or to monetarily compensate individuals or institutions to the extent that one benefits from the...
The Definition Of Gharar
Gharar refers to uncertainty or ambiguity that may lead to dispute between contracting parties. For instance, executing a contract before the...
Gharar refers to uncertainty or ambiguity that may lead to dispute between contracting parties. For instance, executing a contract before the...
Transferring Debt
Where one person (the lender) lends money to another person (the borrower) who is already owed money by a third person, the borrower may choose to...
Where one person (the lender) lends money to another person (the borrower) who is already owed money by a third person, the borrower may choose to...
Conditions of collateral and guarantee do not transfer, so that the one putting up the collateral or the one guaranteeing the transaction are...
Documentary Credit For Murabaha Sales
It is not lawful for the bank to issue documentary credit to a company for the purpose of selling it goods before having purchased them from the...
It is not lawful for the bank to issue documentary credit to a company for the purpose of selling it goods before having purchased them from the...
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