What Happens When The Economy Is In A Recession?

A recession is a period of economic contraction during which businesses experience lower demand and lose money. Companies begin laying off people in order to decrease costs and halt losses, resulting in rising unemployment rates. Re-employing individuals in new positions is a time-consuming and flexible process that faces certain specific problems due to the nature […]

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Are Futures Halal?

To begin with, it is a well-established Shariah concept that a sale or purchase cannot be delayed. As a result, in Shariah, all Forward and Futures transactions are invalid. Is it Shariah-compliant to trade futures? Contract for Futures The Shariah Advisory Council of the Securities Commission (2006) decided that futures contracts are Shariah-compliant. Why is

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