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...
Main Authors: | , |
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Format: | Monograph |
Language: | English |
Published: |
2017
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Subjects: | |
Online Access: | http://irep.iium.edu.my/56524/ http://irep.iium.edu.my/56524/1/RESEARCH%20REPORT.pdf |