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Riba explained...

In the conventional literature, interest is seen as the time value of money, as described by the common expression: "time is money". However, Islamic scholars contend that time is not money, but "time is life".More...

Understanding gharar

The Arabic root for gharar means deception - but in practice the term is used quite widely.  Gharar encompasses: uncertainty, risk, hazard and deceit. More...

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