Trading different types of currencies is called exchange, or foreign exchange (abbreviated: forex). While exchanging, the amounts do not necessarily have to be equal but the equivalents must be paid…
Continue ReadingTrading things that are unlawful is also unlawful. Allah the Almighty commands: “Whoever intercedes in a good cause shall have a share from it; and whoever intercedes in an evil cause…
Continue ReadingIf the debtors do not pay in time and the value of debt amount changed due to inflation, you can demand the difference caused by inflation from the debtor. The…
Continue ReadingAllah the Almighty commands: “Those who consume interest cannot stand except as one stands that is being beaten by Satan into insanity. That is because they say, “Trade is just…
Continue ReadingThe narration that forbids selling goods which are not possessed is like this: From Hakim Ibn. Hizam: I came to the Messenger of Allah and said, “Someone comes to me…
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