Gharar in Islamic Banking: Understanding Its Meaning, Types, and Key Features

What is gharar, and why is it prohibited in Islamic finance? In this insightful educational video, we break down the concept of gharar, explaining its meaning and how it operates within Islamic banking. Gharar refers to excessive uncertainty and ambiguity in contracts, which is avoided in Shariah-compliant financial systems.

Learn about the different types of gharar and how they can affect financial transactions and agreements. This video will also explore the key features of Islamic banking that protect against gharar, ensuring fairness and transparency in all dealings. Whether you're a student of Islamic finance or interested in ethical business practices, this session will give you a deeper understanding of gharar in Islam and its implications for financial contracts. Watch now to learn how avoiding gharar promotes integrity in Islamic banking.

For complete lecture on Gharar , and for more lectures on Islamic Banking and Finance visit: https://aims.education/what-is-gharar-in-islamic-banking/

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