By Raha Rafii Throughout the last few years, Muslim scholars have contested the validity of cryptocurrency in Islamic jurisprudence, particularly in light of its quick expansion in regions like the … Continue reading Fatwās on Cryptocurrency: The Syrian Islamic Council and the International Union of Muslim Scholars’ al-Qaradaghi
SCHOLARSHIP ROUNDUP On Islamic Law: In "Modern money and Islamic banking in the light of Islamic law of riba" (International Journal of Finance & Economics (2020)), Muhammad Zahid Siddique (National University … Continue reading Weekend Scholarship Roundup
ISLAMIC LAW IN THE NEWS Turkish President Recep Tayyip Erdogan vowed to cut interest rates, arguing that the cut is also in line with Islamic law. In a recent interview, … Continue reading Islamic Law in the News Roundup
A Reuters investigation of Indonesia's banking and finance sector revealed that an increasing number of Muslims employed in that sector are "quitting traditional banks" citing concerns of incompatibility with Islamic … Continue reading Islamic Law in the News Roundup
By Aaron Spevack Source: http://www.dar-alifta.org/Foreign/ViewFatwa.aspx?ID=5912&text=working%20in%20banks This fatwā listed on Dār al-Iftā'’s website - the official fatwa institution of Egypt and connected with scholars of al-Azhar - deals with the question … Continue reading Dār al-Iftā’ Fatwā: Working in Banks
The Islamic Law Teaching Project houses collections of syllabi and other teaching material for Islamic law courses taught primarily in law schools of the US and UK. This syllabus is from … Continue reading Syllabus: Islamic Business Law
This is a definition of ribâ by scholars Mohammad Fadel, Associate Professor and Canada Research Chair for the Law and Economics of Islamic Law, University of Toronto Faculty of Law and Ibrahim … Continue reading Islamic Law Lexicon :: Ribâ
