gharar
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Managing and Avoid Gharar and Maisir in Sharia Investment
Have you ever thought, “I have to start investing, but I’m scared too? Financial risks make me nervous.” It’s very natural. Especially if we want to invest in halal and sharia-compliant investments. We definitely don’t want to get caught up in things that are prohibited, such as gharar (excessive uncertainty) or maisir (gambling). Well, fortunately Islam has provided clear guidelines…
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Definition of Gharar and Examples of Gharar in Transactions
In the realm of Sharia-compliant business transactions, we approach each deal with utmost caution, ensuring a thorough review of terms and conditions before finalizing any agreement. One of the things that is prohibited in sharia transactions is to contain elements of Gharar. This is because gharar is an element that can cause losses to one party or both, for this…
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