Fiqh
7 articles tagged “Fiqh”
Qard Hasan Explained: The Contract Behind India's Interest-Free Finance (2026)
Qard hasan is a loan repaid exactly as borrowed, with any excess for the lender prohibited as riba. What the contract requires, why it is hard to institutionalise, and how India's cooperatives actually apply it.
Is a Service Charge Riba? The Unresolved Debate at the Heart of India's Interest-Free Sector (2026)
India's interest-free societies charge 8 to 18 percent one-time, or annual-rate charges, on loans they call qard hasan. Cost recovery or riba in function? The debate, both sides, with no false resolution.
Is LIC Halal? The Necessity Debate, Documented Honestly (2026)
Published fatwas hold voluntary life insurance impermissible, but some scholars extend necessity reasoning to term cover for breadwinners because India has no takaful. The three positions, labelled by their real weight.
Compulsory Insurance and Islam in India: What the Fatwas Actually Permit (2026)
Motor third-party cover is mandatory under the Motor Vehicles Act, and employer health cover arrives with the job. Published fatwas permit compelled insurance. What counts as compelled, and what to do with claims.
Are Endowment, Money-Back and ULIP Policies Halal? The Clear Case (2026)
Savings-linked insurance fails under every documented scholarly position, including the ones sympathetic to necessity-based term cover. Why the analysis is different, and what to weigh if you already hold one.
The One-Third Wasiyyah Rule: How Indian Courts Enforce the Boundary of Muslim Testamentary Power (2026)
A Muslim in India may bequeath at most one-third of the net estate, and Indian courts enforce that cap as law. Where the rule comes from, how the consent mechanism works, and what it means for planning.
Zakat on Gold Jewellery in India: The Question Every Household Faces (2026)
Indian household wealth lives in gold ornaments, and the Hanafi position most Indian Muslims follow holds jewellery zakatable regardless of use. The rules, the carat mathematics and the school differences, honestly laid out.