AAOIFI Shariah Standards
Online Financial Dealings: Appendix B - The Shariah Basis for the Standard
The basis for permissibility of launching commercial websites if such sites are free from impermissible practices is the fact that in principle, transactions in any form are allowed, unless they lead to commitment of an impermissible act. Moreover, launching of such sites serves the interests of a large number of people in this era, and thus, conforms to the underlying mission of Shariah.
Create Your FREE Account…
IslamicMarkets helps professionals navigate Islamic markets by providing powerful insights, analytics and collaboration tools.
« Appendix A - Brief History of the Preparation of the Standard Appendix C -Definitions »