Murabahah and installment sale : difference between risk and Gharar

Fatawa Question

Assalaamu Alaykum Sh. Monzer, Jazaka Allah Khayr for all your earlier responses. Very insightful Masha Allah. What’s the difference between "risk-taking" and "Gharar". I know by definition Gharar means uncertainty. But, then, doesn't every business activity carry risk. I guess I am figuring out the difference between "good risk" and "bad risk." Buying a corner store is taking risk. Buying stocks for investment purposes and profiting is taking risk as well. Jazaka Allah Khayr FiAmanAllah Rauf

Fatwa

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Publication Date

2009-03-20

Main Subjects

Financial and Accounting Sciences
Religion
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-734500

American Psychological Association (APA)

Qahf, Mundhir. 2009-03-20. Murabahah and installment sale : difference between risk and Gharar. .
https://search.emarefa.net/detail/BIM-734500

Modern Language Association (MLA)

Qahf, Mundhir. Murabahah and installment sale : difference between risk and Gharar. 2009-03-20.
https://search.emarefa.net/detail/BIM-734500

American Medical Association (AMA)

Qahf, Mundhir. 2009-03-20. Murabahah and installment sale : difference between risk and Gharar.
https://search.emarefa.net/detail/BIM-734500