The QURAN and the SUNNAH are the two main sources of Islam.
The main practices that are prohibited are usury, ambiguity in contracts (gharar), gambling and games of chance (maysir), fraud, bribery, the use of false weights and measures, taking others’ property unlawfully, and transactions on prohibited (haram) things.
The QURAN and the ahadith have forbidden usury (riba) in the strongest terms. Riba refers to a stipulated increase over and above the loan amount that a debtor agrees to pay to the creditor in relation to a specific period of time.
The other prohibited practice is gharar, which enables a person to obtain another’s property unlawfully and may subsequently lead to disputes and disagreements between them.
Technically, bay al‐gharar refers to a sale contract that is attractive to the purchaser in its form but unknown and ambiguous in its substance.
The term, “maysir” applies to all activities in which a person wins or loses by mere chance. It includes all kinds of gambling. Islam prohibits all agreements and contracts that involve elements of chance (maysir).
Any earnings from businesses involving haram or forbidden things are sinful. Muslims are prohibited to own, use, produce, manufacturer, import, or export prohibited (haram) goods or goods that contain haram elements..♥️
