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#murabaha

2 articles tagged murabaha.

The Authenticity Crisis in Islamic Finance

A critical examination of risk-sharing, profit calculation, and the 'debt merchant' paradox in modern Islamic Financial Institutions. A Socratic inquiry into the gap between Shariah theory and banking practice.

M Azim Abdul Majeed · 2026-02-01

Islamic Finance · 7 min

Islamic Finance: Have We Avoided a Sin Only to Commit a Greater One?

In our meticulous effort to avoid the sin of Riba, have we inadvertently created a system that commits a greater one, the sin of abandoning the Ummah? In our focus on the letter of Shari'ah, have we forsaken its very spirit?

M Azim Abdul Majeed · 2026-01-02