Riba, often translated as interest or usury, is strictly prohibited in Islam. The Qur’an, the holy book of Islam, explicitly addresses Riba in several verses, highlighting its destructive nature and the severe consequences for those who engage in it. This blog post explores the key Qur’anic revelations regarding Riba and their implications for Muslims. 1. First Revelation (Surah al-Rum, verse …
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The Role of Islamic Finance in Addressing Climate Change
Introduction Climate change is one of the most pressing global challenges of our time, requiring collective action and innovative solutions. As the world seeks ways to mitigate and adapt to the impacts of climate change, Islamic finance offers a unique and ethical approach to climate finance, aligning financial investments with sustainable development goals. With a growing global footprint, Islamic finance …
Read More »Transitioning from PakFinanceHub to KhashifTalks: A New Era of Content and Engagement
We have some significant changes coming up at PakFinanceHub. After much consideration and effort, we’ve decided to rebrand and transition back to our original name, KhashifTalks. For those who may not be familiar, PakFinanceHub was launched with the vision of providing comprehensive financial news, stock analysis, and investment advice. My team and I, led by Khashif Sarfraz, poured our heart …
Read More »Financial Blessings of Eid-ul-Adha & Islamic Financing
Introduction: Eid-ul-Adha, also known as the Festival of Sacrifice, holds immense significance in the Islamic calendar. Beyond its spiritual aspects, this joyous occasion offers valuable insights into the realm of finance and wealth management. In this blog post, we will delve into the financial blessings of Eid-ul-Adha, unravel the principles of Islamic finance, and discover how embracing them can lead …
Read More »Why Trading Options (IQ Options, Binary Options) is Considered Haram in Islam
Introduction In the world of financial markets, various trading instruments offer opportunities for profit. However, when it comes to trading options, specifically IQ Options and Binary Options, there are ethical concerns within the Islamic faith. Islam has specific principles and guidelines outlined by Sharia Law that govern financial transactions. In this blog post, we will explore why trading options, such …
Read More »Islamic Banking: A Journey of Rewards and Financial Inclusion
Introduction: The rise of Islamic banking in Pakistan has been both a righteous journey and a profitable one. As the share of Shariah-compliant assets and deposits continues to increase, Islamic banking has become the preferred mode of transaction for many customers. With a focus on excluding Riba (interest) from financial practices, Islamic banking offers a unique approach that brings significant …
Read More »What is Islamic Financing?
Introduction: In an increasingly interconnected world, the financial industry has witnessed the emergence of diverse approaches to banking and investment. One such alternative system is Islamic financing, also known as Sharia-compliant financing. Islamic finance operates within the framework of Islamic law, or Sharia, and adheres to principles rooted in ethics, social justice, and economic welfare. This blog post aims to …
Read More »How to Invest in REITs in Pakistan
Introduction: Real estate investment has always been an attractive avenue for investors looking to diversify their portfolios and generate stable income. In recent years, Pakistan has witnessed the emergence of a promising investment vehicle known as Real Estate Investment Trusts (REITs). REITs offer individuals an opportunity to participate in the real estate market without the burden of directly owning and …
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