Companies in Islam

(Read Rules of Trade / Selling Here) Being a comprehensive way of life, Islam has laid down specific laws for trading and designated various rules for when individuals come together to form a company for business purposes. Basics of a Corporate or Company The Company (Sharika in Arabic) is an Continue Reading

Rules of Selling in Islam

 “An honest Trader will be with Prophets, Shuhadaa and Saaleheen on day of Judgement”. Hadeeth ‘Sale’ (Bai in Arabic) is defined in Shariah as ‘the exchange of a thing or service of value by another thing of value with mutual consent’. Selling is an essential part of everybody’s life therefore Continue Reading