Islamic Finance

Riba

ربا

Interest or any guaranteed excess on a loan, which is prohibited in Islamic finance.

2 min readFeatured in 1 articleUAE context
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Ribaربا ISLAMIC FINANCE
CategoryIslamic Finance
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Explained simply

What “Riba” really means

The meaning, how it works in the UAE, and why it matters to your money.

01

What it means

Interest or any guaranteed excess on a loan, which is prohibited in Islamic finance.

02

How it works in the UAE

Riba means interest or any guaranteed excess on a loan, which is prohibited in Islamic finance.

03

Why it matters

It's why Islamic banks structure products as sales, leases and partnerships.

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