Riba: Navigating Islamic Finance
Share Introduction Riba refers to interest or usury. In traditional jurisprudence, Riba is categorized into two primary types: (a) Riba al-nasi, which involves deferred payments with interest, and (b) Riba al-fadl, which refers to inequitable exchanges of commodities of the same type. A fundamental principle of Islamic finance is Riba. This means that Islamic financial […]