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Qard Hasan : Its Shari‘ah rules and applications in Islamic finance

Keywords: البنك الاسلامي ؛ التمويل الإسلامي ؛ القرض الحسن

Authors: Najib, Sayyid Faiq ؛ Lahsasna, Ahcene

Publisher: Riphah International University Riphah Centre of Islamic Business

This paper provides a detailed explanation about the contract of qard (loan) as approved by Sharī‘ah and analyses how it is applied in the contemporary Islamic finance industry. With regard to research mentod, it examines various Islamic banking and finance products structured on the principle of qa... More

Year:1435

Type: المقالة

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Qard Hasan Financing in Islamic banks

Keywords: الإيداع ؛ البنك الاسلامي ؛ التمویل ؛ الفقه الإسلامي ؛ القرض الحسن ؛ ربا

Authors: Sadr, Sayyid Kazim

Publisher: International Shari'ah Research Academy for Islamic Finance

Abstract Qarḍ ḥasan—commonly defined as an interest-free loan—is a benevolent economic behaviour, an outlet for the placement of savings, an instrument of finance and an institution for bona fide lending. Having such versatile attributes, it is distinguishable from other charitable financial activit... More

Year:1436

Type: المقالة

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