Murabaha is a contract of exchange based on sale-and-purchase contracts with a predetermined cost and profit. The seller states the cost he has incurred on the asset to be sold and sells it to another person by adding some profit or mark-up to the buyer. »

Istisna is a contract of participation, whereby the funding party agrees to deliver a commodity or an asset at a pre-determined future time at an agreed pre-determined future time at an agreed price. »

Mudaraba is a contract of participation, a partnership where capital is provided, in cash or assets (no debt is accepted) by one party - the fund provider. »

This standard covers Definition of the sukuk, Types, Parameters and listing requirements. »

This standard covers rules pertaining to ownership and trading of shares of companies. This includes purpose and activities of the company and their compliance with Shari’a, accidental lending and borrowing, the assets components, the unlawful income, and the method of calculating the percentages used in the standard, treatment of cases where Shari’a has been beached, acquiring shares non-fulfi... »

A Handbook on Securities Statistics released by the International Monetary Fund has defined common Islamic financial instruments. »

According to data published by Al Rayan Bank, as end of 2014 Islamic assets represented about 1% of the global financial market. The Muslim population of the world is estimated at about 1.5 billion, representing 24% of total world population of 6.3 billion, however it would be too simplistic to suggest all Muslims desire to bank based on Islamic principles as evidence suggests most Muslims do not ... »

Regarding riba as permissible Question What is the ruling on regarding riba as permissible? Thank you very much. Answer Praise be to Allaah. Riba is forbidden according to the Qur’aan and Sunnah, and definitive scholarly consensus. Whoever regards it as permissible is a kaafir, because the basic principle is that whoever rejects something on which there is obvious scholarly consensus is guilty of ... »

Some types of haraam transactions Question What are the types of haraam transactions? Please quote the evidence for that. Answer Praise be to Allaah. There are many types of haraam transactions, and it is not possible to list them all in this brief answer. Shaykh al-Islam Ibn Taymiyah (may Allah have mercy on him) mentioned a useful principle concerning this matter, which will help one to understa... »

Whilst Islamic Finance is often branded as Ethical Finance and therefore as a by-product attempting to appeal to a wider audience irrespective of religious beliefs, the reality is Muslims represent the biggest consumers of Islamic Finance. The Muslim population of the world is estimated at 1.5 billion, representing 24% of total world population of 6.3 billion. It is too simplistic to assume all Mu... »