Make Yourself. Shariah -Compliant. Why is Shariah-Compliance Important? . Our lifelong objective is to seek the pleasure of Creator ‘Islam’ is a complete ‘way of life’ – What does this Mean? The Muslim Code of Life – stipulated from Quran and Sunnah More than just Ibadah!
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Contracts - Four Key Issues
Penalty clauses which require the householder to pay interest charges if they default on payment
Seller not having possession/ ownership of goods or selling something that is not in existence yet – e.g. financial markets such as derivatives and options and short selling
Contracts must be devoid of excessive uncertainty (gharar)
Contracts must not be interlinked so as to form a contract
within a contract
(Islamic Home Purchase Plans)
Child Trust Funds (CTF)