There has been a dramatic change in the world’s civilizational and economic scenes, due to which the format of financial…
Read More »Economics Arctic
Economics Arctic works side by side with the consumer to maximize overall utility.
‘Can an Islamic government, in an age of interdependence, achieve any progress by declaring as totally Haram, all economic, military,…
Read More » There is nothing wrong or unlawful in the institution of banking itself. It is actually among the highly important and…
Read More » It is quite clear that in today’s interest/usury-hungry world, we cannot expect to get an interest-free development loan for national…
Read More » Q 1: If not quite sure about the permissibility or otherwise of the insurance business according to the Shari’ah. If…
Read More » Q 1: In a construction company dealing with real estate or machine tools, a shareholder, as you explained, is exempt from…
Read More » Q 1: How is Zakāh defined? A: Zakāh literally means purity and growth. Technically, it is a financial act of worship…
Read More » Does Islam offer an economic system, and if so, what is the blueprint of the system? What is the position…
Read More » Now, let us explain how these two areas of al-Qard al-Hasan and investment loans operate in an interest-free economic system.…
Read More » The scourge of interest can be checked effectively only by closing its floodgates first. As long as interest remains legal,…
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