The financial transactions are among the major dealings introduced by the Islamic law or ( shari’a), presented with strong rules and laws and deeply rooted principles to establish justice, bringing forth prosperity and righteousness for all human being..Therefore, Islamic shari’a compliant financing banks have been established in Muslim countries, committing themselves to avoid usury and...Read More

Hibah is an instrument in Islamic laws dealing with the voluntary transfer of property (tabarru’). Islamic scholars have reached consensus that in the act oftransfer of property,hibah requires offer (ijab) from the donor and acceptance (qabul)of offer from the grantee to ratify the transfer of property(Mawhub) to the grantee. The fuqaha’ hold two contrary views...Read More

Sufism, or Islamic mysticism, often presented an inclusive version of faith that extended beyond the strict worldview of medieval jurists. In this sense, the acceptance of diversity of paths to God is a crucial feature of many Sufi doctrines. This paper attempts to look at Ibn ‘Arabi’s approach towards the diversity of religious traditions and...Read More

This paper analyses the relevance of Islamic business ethics to the development of the Nigerian Economy. As a contribution to the debate on the establishment of Islamic banking in Nigeria, the paper wants broaden the understanding of Islamic business ethics among the Nigerians. Essentially we want demonstrate that Islamic business ethics want promote justice, equity...Read More