Commentary :: Gharar: The Origins of the Prohibition

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By Katarzyna Sidło Gharar is arguably one of the least understood concepts in Islamic finance. In linguistic terms, it means jeopardy, risk, danger, or hazard, and is a verbal noun (maṣdar) from the word taghr, which in turn means exposing oneself or one’s property to danger. It may refer to ignorance, injustice, or deceit. As … Continue reading Commentary :: Gharar: The Origins of the Prohibition

Islamic Law Lexicon :: Ḥadīth

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This entry provides a definition and analysis of the term ḥadīth, drawing on works by SHARIAsource Senior Scholar, Joseph Lowry, Associate Professor in the Department of Near Eastern Languages and Civilizations at the University of Pennsylvania.   Ḥadīth = “the corpus of traditions from the Prophet”; reports of words and sayings attributed to the Prophet Muhammad (for Sunnis) as … Continue reading Islamic Law Lexicon :: Ḥadīth