Knowledge Base
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Understanding and Calculating Zakah
Islam encourages trade, entrepreneurial activity and the equitable distribution of wealth. In order for commerce to benefit society, Islam imposes several obligations on those involved in wealth-creation....
more...Guide to Interest
Most prohibitions in Islam are easy to understand. The evil effects of alcohol, adultery or gambling are not difficult for us to comprehend both at an individual and at society wide level. However when it comes to ‘interest’, few ...
more...Preparing an Islamic Will
Many can speculate as to why Islam has placed such emphasis on both the laws of inheritance and making a will. One could argue it prevents family conflicts on death, others may feel it represents a means via which needy relatives...
more...Make Yourself Shariah Complaint
Whilst most Muslims are well aware of the Islamic obligations pertaining to key modes of worship (ibaadah), such as prayer (salah), almsgiving (zakah), fasting (saum), and pilgrimage (haj), there is often widespread ignorance o...
more...Shariah Compliant Investments
Purely from a Shariah perspective, investment is strongly encouraged. Islam normally favours the middle-path and therefore the extremes of hoarding wealth and consumption are clearly undesirable from a Shariah viewpoint. The Shari...
more...Islamic Finance Explained
Ever since the demise of the great Muslim empires, and the subsequent dominance of Western ideas and policies, Muslims have continually strived to resurrect the tradition of applying Islamic principles to contemporary issues. Of a...
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Knowledge base
The Knowledge Base offers an opportunity for everyone to learn more about the principles and practice of traditional and contemporary Islamic Finance.
