Tag: exchange

Exchange of Gold and Silver (Ṣarf)

Key Concepts and Principles This study guide focuses on the Islamic legal principles governing the exchange of gold and silver (Ṣarf) and their application to modern currency notes, drawing from the provided excerpts. Understanding these principles is crucial for comprehending permissible and impermissible transactions in Islamic finance. 1. Ṣarf (صرف): Exchange of Gold and Silver […]

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