Insights
Islamic banking, halal business, zakat and regulation, explained for Sierra Leone.
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What Makes a Financial Product Shariah-Compliant?
A Shariah-compliant product avoids riba (interest), gharar (excessive uncertainty), and investment in prohibited activities. Instead it relies on real assets, risk-sharing, and ethical trade.…
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How to Calculate Your Zakat: A Simple Guide
Zakat is due on wealth you have held for one lunar year (hawl) above the nisab threshold. Here is a straightforward overview. 1. Identify…
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