Overview

Kasb


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In legal terminology, refers to legitimate economic gain in commercial transactions, to be distinguished from illegitimate economic gain (riba, often translated as “usury” or “interest”). In general, legal theorists allow for profit, especially from financial partnerships, under the categories of shirkah (general partnership), qirad (loans), and mudarabah (limited partnership). All of these practices are based on the principle of profit gained from service or shared risk.

Subjects: Islam.


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