Legal maxim “every loan that brings benefit is usury”: its related issues and implementation in financial transactions

A number of Islamic legal maxims are related to transactions (fiqh al-mu‘ᾱmalᾱt) and they could be implemented in Islamic finance and banking. One of these maxims is “Every loan that brings benefit is usury” (Kullu qarḍ Jarra Manf‘atan fahuwa Ribᾱ’). A normal ruling of the Sharῑ‘ah is that if anyone...

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Bibliographic Details
Main Authors: Amanullah, Muhammad, Zakariyah, Luqman
Format: Monograph
Language:English
Published: 2017
Subjects:
Online Access:http://irep.iium.edu.my/56524/
http://irep.iium.edu.my/56524/1/RESEARCH%20REPORT.pdf