Dropshipping: Halal or Haram?
Is Dropshipping halal or haram?
Does it violate the restriction of not selling what is not with you or can it be considered a Salam contract?
Buying a car with installment payments at a higher price: Is it Halal?
If you’re shopping for a car and trying to avoid interest-bearing debt it’s likely that advertisements claiming 0% APR (Annual Percentage Rate) car financing have caught your attention.
Naturally, the savvy Muslim consumer should ask: is there a catch to this and is it truly Halal?
If you’re in this position you’re in luck because I’m about to answer these two questions for you so keep reading…
Life Insurance: Halal or Haram?
Is life insurance Halal or Haram? This article thoroughly examines the arguments on both sides of the debate and comes out with a clear conclusion. It always comments on the financial wisdom for the different life insurance product including Term life insurance and permanent life insurance.
Is the money factor in auto leases a form of Riba?
I talked with a number of dealerships to try to understand what exactly they meant when they used the word interest rate in the leasing terminology. Here’s what I found.
Vlog Episode # 2: Takaful, is it really “Islamic” insurance?
Learn the true difference between Takaful and conventional insurance.
The True Difference Between Takaful and Insurance
I spent hours online trying to find any quality literature that could explain why Takaful is a better insurance product than conventional insurance from a practical standpoint…
Human Capital Mudarabah in the Quran
I’ve been advocating for the adoption of HCM agreements in the Muslim community and while the default ruling on anything in Islam is permissibility, it helps to have explicit support for an idea in the Quran or Sunnah (the life and sayings of the prophet Muhammad peace be upon him). I believe there is such support for Human Capital Mudarabah in the Quran.
Silencing Objections To Human Capital Mudarabah: Correspondence with ‘Scholar’
A sample of some of the nonsense I’ve had to deal with why advocating for Human Capital Mudarabah
3 Reasons Why Mudarabah Financing is More Ethical Than Loans
When associating a particular product with Islamic finance, one must address how the product serves or at least does not run afoul of any ethical considerations. Here are 3 reasons why I think HCM agreements are superior to debt-based financing from an ethical perspective.
3 Societal Benefits for using Human Capital Mudarabah
The benefits of Human Capital Mudarabah (also referred to as Income-Share Agreements) on society.