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FORBIDDEN SALES (GHARAR - cheat, danger, high risk & exposure to loss,…
FORBIDDEN SALES
GHARAR - cheat, danger, high risk & exposure to loss
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BAY' AL-GHARAR (sale of uncertainty)
:!:something that is not known to exist or not
:!: something whose characteristics is unknown
:!: something that is undeliverable
BAY' MA'JUZ AL-TASLIM (sale of non-deliverable)
:!:sale of a matter that is not in the possession of the seller
:!: sale of runaway slave
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BAY' AL-MUSARRAH
:red_cross: sale of camels and goats which nipples were tied so that their milk seems to be much
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RIBA'
"az-ziyadah" - increase / addition / expansion / growth
:green_cross: every excess in return of which no reward or equivalent counter value is paid
ANZIRNI AZIDKA
:green_cross: "Defer further the maturity of my debt, I'll increase the debt"
DA'WA TA'AJJAL
:green_cross: the action of a creditor writing off part of the debt when the debtor settles the balance of his debt earlier
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BAY' AL-MUHAQALAH
:red_cross: the sale of grain on its spikes with wheat by estimation of measurement
SALE OF GOLD,SILVER & CURRENCIES WITH DEFERMENT
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DARAR - harm / damage
TALAQQI AL-RUKBAN (meeting of desert dwellers)
:check: a practice of meeting a seller on his way to the town and buying from him the commodity before the seller has ever a chance to reach the market and to know the actual price
BAY' AL-HADIR LI AL-BADI
(sale of city dweller to desert dweller)
:red_cross: the practice of city dweller who does not sell his foods or similar items except to a certain rural area to achieve higher profit
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IHTIKAR (hoarding)
:green_cross: an act of accumulating staple foods and hiding them speculating in their price increase in the future
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