THE CONCEPT OF ISTIØNÓ‘ IN ISLAMIC COMMERCIAL LAW (SHARÔ‘AH) AND ITS POSSIBLE ROLE IN THE DEVELOPMENT OF LOCAL FARMING IN PAKISTAN (ISTIØNÓ‘ BASED MODEL FOR FINANCING AGRICULTURE)
Being typical Muslim, the Pakistani farmers, particularly those living in rural parts, always dodge interest based loan – an economic activity that is rigorously prohibited by SharÊ‘ah. Islamic commercial law, on the other hand, offers, as an alternate way, the concept of IstiÎnÉ‘ – a manufacturing...
Main Authors: | DR. LUTFULLAH SAQIB, AZMAT ULLAH TURABI |
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Format: | Article |
Language: | English |
Published: |
Hamdard Foundation
2021-02-01
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Series: | Hamdard Islamicus |
Online Access: | https://hamdardislamicus.com.pk/index.php/hi/article/view/7 |
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