Insights
Short, practical articles on Islamic finance, screening and Zakat from the Al-Ihkam faculty.
Understanding riba in modern banking
Why a fixed return on a loan is prohibited, and how Islamic banks earn a return without it.
AAOIFI screening: a practical guide
The two tests a share must pass under AAOIFI Shariah Standard 21, and how purification works.
Zakat on shares and mutual funds
The two scholarly approaches to Zakat on equity, explained simply, with what happens at your bank.