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Qard hasan (good loan) is given without expecting a return by the creditor with the pure intention of helping the debtor. Since Qard hasan is a gratuitous contract, no profit should be gained from…

Sadaqah is a charitable giving and is a non-obligatory amount of money paid to help the needy and the poor. Anyone has the ability and willingness can do so, and there are no rules applied to it…

Musharaka is a partnership between two or more parties, whereby all parties share the profit and bear the loss from the partnership. This video is licensed under the CC BY-NC-SA license.

There are two types of contracts in Islamic banking and finance, which are sale-based (exchange-based) contracts and investment based (equity-based) contracts. Sale-based contracts include murabaha,…

This chapter talks about business capital and business decisions, specifically profit-oriented investment. Investment decisions are evaluated on a basic condition, which is whether the investment…