The Quranic prohibition of riba has positioned al-bay (ie trade and commerce) as the alternative to the usurious system of financing which affected both household and mercantile sector in pre-Jahiliya Arab societies. […]

I was in Jeddah recently on a Chartered Islamic Finance Professional (CIFP) assignment and have the opportunity to perform Umrah right after that. In Mecca, many parts of the Haram are under major reconstructions leaving relatively […]