Aaoifi
2 articles tagged “Aaoifi”
Article•27 Sep 2026
Is Murabaha Halal? Why Scholars Accept It and When a UAE Contract Fails (2026)
Murabaha is a permitted sale when the bank owns the asset first, fixes the mark-up at signing and never charges for delay. AAOIFI Standard 8 sets the conditions; UAE car finance contracts show where to check.
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HalalWallet Editorial Team
Article•9 Sep 2026
Are Options Halal? AAOIFI on Futures and Short Selling for UAE Traders (2026)
AAOIFI Shari'ah Standards 20 and 21 rule out options, futures, swaps and short selling in shares. What the text says, which UAE apps offer these products anyway, and what a halal trader should switch off.
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HalalWallet Editorial Team