Fiqh
4 articles tagged “Fiqh”
Is KIBOR-Based Islamic Financing Actually Halal? (2026)
Mainstream scholars, including Taqi Usmani, permit KIBOR as a pricing benchmark when the underlying contract is a valid sale, lease or partnership. The reasoning and the counterarguments.
Is Life Insurance Haram in Pakistan? What Scholars Say and the Takaful Alternative (2026)
Most Pakistani scholars hold conventional life insurance impermissible due to riba, gharar and maysir. Family takaful is the alternative, and Pakistan's market is now deep. The positions, honestly.
Is EOBI Pension Halal? (2026)
EOBI is a compulsory state benefit scheme, and scholars generally permit receiving statutory pensions. The concern is how the fund invests. What is known, what is not, and the scholarly positions.
Is Credit Card Use Halal in Pakistan? (2026)
Carrying a balance on a conventional credit card is riba and clearly haram. Scholars differ on cards paid in full every month, and Pakistan now has Islamic card options. The positions, honestly.