Qard al-Hasan
All loans in Islam are interest free. Qardh al-hasan (Arabic: قرض الحسن, transl. benevolent lending) is the one which is without a collateral. However some Ulema deem it a form of interest-free loan (fungible, marketable wealth) that is extended by a lender to a borrower on the basis of benevolence (ihsan). Al-qardh, from a shari’a point of view, is a non commutative contract, as it involves a facility granted only for the sake of tabarru’ (donation). Therefore, al-qardh al-hasan is a gratuitous loan extended to people in need, for a specified period of time. At the end of that period, the face value of the loan (asl al-qardh) is to be paid off. In other words, shari’a prohibits the stipulation of an excess for the lender, as it amounts to riba, whether the excess is expressed in terms of
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Qard al-Hasan
All loans in Islam are interest free. Qardh al-hasan (Arabic: قرض الحسن, transl. benevolent lending) is the one which is without a collateral. However some Ulema deem it a form of interest-free loan (fungible, marketable wealth) that is extended by a lender to a borrower on the basis of benevolence (ihsan). Al-qardh, from a shari’a point of view, is a non commutative contract, as it involves a facility granted only for the sake of tabarru’ (donation). Therefore, al-qardh al-hasan is a gratuitous loan extended to people in need, for a specified period of time. At the end of that period, the face value of the loan (asl al-qardh) is to be paid off. In other words, shari’a prohibits the stipulation of an excess for the lender, as it amounts to riba, whether the excess is expressed in terms of
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All loans in Islam are interes ...... atu’) in the contract of loan.
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Qardh al-Hasan (in arabo: قرض ...... u') nel contratto di prestito.
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القرض الحسن هو القرض المالي بد ...... أجل مسمى فاكتبوه) البقرة 282 .
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All loans in Islam are interes ...... xcess is expressed in terms of
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Qardh al-Hasan (in arabo: قرض ...... i di qualità o quantità o che
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القرض الحسن هو القرض المالي بد ...... أجل مسمى فاكتبوه) البقرة 282 .
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Qard al-Hasan
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Qard al-Hasan
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قرض حسن
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