What are the pillars that make an Islamic marriage contract valid?
First, a valid Islamic marriage has fundamental pillars. If these pillars are fulfilled, the marriage is valid. While these pillars are not unanimously agreed upon across all jurisprudential schools, each […]
Is it permissible to buy or sell something at a specific price at a specific time; for example, to agree with someone to sell something for ten dollars on the thirty-first day, where my profit or loss will depend on the price of this thing at that time, and the same applies to buying?
It is permissible to purchase a described commodity to be delivered at a specified future date, provided that the full payment is made at the time of the contract. This […]
What is the Islamic ruling on options contracts on shares/stocks?
The object of the option contract is merely the right to buy or sell for a certain price. So what is being sold is the option itself, and this contract […]
