2.6 The Prohibition of Gharar (uncertainty, deception)

Islamic Finance Podcast with Almir Colan

Abu Hurairah states,“The Prophet forbade selling by way of tossing stones to settle a sale (Al-Haasah), and the sale of Gharar.” (Muslim)

What is Gharar?

Uncertainty, hazard, chance, risk, delusion, deception, danger, peril...

Gharar is:

- to make someone believe something that is false or vain.

- to put someone in a dangerous position due to deception. outwardly

- it looks very attractive but in reality it is something much different.

Podcast Hosted by Almir Colan.

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