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Electricity tariff goes up 3.02%, water increases by 1.06%

Construction of National Cathedral to resume after all-clear audit – Prof. Onyinah

Ghana Police praised for professionalism during Democracy Hub protest

UN Ghana enhances food security in Upper East and West Regions

Sanitation Ministry ‘blows’ $43m World Bank cash, $150m GARID funds – Mahama alleges

NCCE Chairperson pays courtesy call on Ya-Na

2020 National Cathedral Statutory audit shows no adverse findings – Board Chair

UNDP engages insurance stakeholders on actuarial capacity building

The 43rd Ahmadiyya Youth Annual rally underway in Kumasi
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BoG launches Gold Coin to provide investment opportunities for Ghanaians

Cedi records over 20% depreciation rates against major currencies

LPG shortage hits part of Ghana

Ghana records trade surplus in Q2 of 2024 driven by increase in gold exports

BoG reports 455% surge in loan data submissions in 2023

Africa’s debt crisis worsens: 21 countries at high risk of debt distress

Trade surplus declines to GHȼ5.4bn in Q2

Economy loses US$2.3bn annually to galamsey

Africa asked to develop policies to retain skilled professionals
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2024 Ghana National Theatre festival launched

MzVee announces ‘Peace of Mind’ European music tour in 2025

UTV’s Yaa Konamah grabs Peace Advocate Award

Half of my body paralysed – Moesha Bodoung

Kofi Kinaata survives car crash

I stake bet every day; lotto, multiple piercings not sinful – Brother Sammy

‘The Storm’ premieres September 21, 22

Diddy in tough spot after arrest, concerned about his children amid legal troubles

Sean ‘Diddy’ Combs will stay in jail after judge refuses bail appeal
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EC’s rejection of forensic audit proposal undermines transparency – PI

Mahama jabs Bawumia: ‘Abrantie from BoG’ refusing to talk about the economy

Nomination of NAPO doesn’t mean I will vote for NPP – Otumfuo

Akufo-Addo Did Worse – Rachel Appoh Fumes

Outcomes International poll shows Bawumia leading Mahama in tight 2024 presidential race

Democracy Hub protest was more political than conservationists – Gideon Boako

NDC Running Mate re-echo boosting economic empowerment of market women

‘Today, a bag of cocoa at GHC3k can buy 34 bags of cement; what more do you want?’ – NAPO urges voters to retain NPP

Akufo-Addo, NPP backed Democracy Hub protest, but was infiltrated by radicals – Ahiagbah
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EPL: Newcastle come from behind to draw with Man City

Argentine goalie Martinez banned for ‘offensive behaviour’

National team players must be committed – Stephen Appiah laments Ghana’s football woes

Unfortunate we got to this point- NSA Board Chair on “Stadium Situation”

Christian Eriksen takes centre stage in Man United Europa League Draw at Old Trafford

GARFA unveils Official Match Ball for 2024/25 Season

BPA ends Talent Development programme, grooms 12 talents at John Paintsil Academy

Respite for Hearts as they edge Bechem United to secure first win of the season

Elizabeth Opoku wins second Ghana Outstanding Woman in Sports Award
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We’ll collaborate to clamp down on illegal lotto, gaming operators – AG assures NLA

President of National House of Chiefs denies allegations of supporting galamsey

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39 Democracy Hub protestors caged

It is your civil responsibility to report water thieves – PURC

Police Grab Barker-Vormawor Over Democracy Hub demo

Barker-Vormawor Pops Up After Being Declared Wanted By Police

Chief Justice angry over acts of manipulation by court staff
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GMOs foods are not harmful to human health, environment-Research Scientist

Galamsey making water treatment expensive for pharmaceutical companies

Sunyani Teaching Hospital mortuary locked, facility draped with red wax materials  

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Mortuary workers to withdraw services effective Sept. 27 over salary arrears, other concerns

Ghanaians advised to patronise Free Annual Health Check Initiative programme

Elimination of viral hepatitis in Ghana needs effective partnership – GHS.
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Islamic finance: The role of sukuk in infrastructural development

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US, France lead call for temporary ceasefire along Israel-Lebanon border

Trump hits out at Zelenskyy for not striking deal to end war in Ukraine

New York City Mayor Eric Adams indicted on federal charges

Putin proposes new rules for using nuclear weapons

China holds rare test of long-range missile into sea

Murder of Paris student fuels anger at failed deportation

Trump golf course suspect left note saying he intended to kill ex-president – FBI

Trump says he will not run again if he loses election

North Korea says it tested new ballistic missiles with ‘super-large’ warhead
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Prof. Kwesi Yankah Writes: Galamsey Aluta Gone Foul

NPP manifesto to simplify Ghana’s tax system, drive economic growth – Dr. Bannor

Dr. Joshua Jebuntie Zaato Writes: Dr Bawumia Is the Consequential Leader Ghana Desperately Needs Now

Razak Adamah Vemmie Writes: The Cacophony of Tantrums! Nothing Up Their Sleeves

Nana Asare Baffour Writes: The Right Choice For Ghana; Bawumia’s Leadership Of Economic Expertise And Technological Innovation

Denis Miracles Aboagye Writes: You were President, remember?

Stan Dogbe writes: Ghana at a crossroads: Charting a course for recovery and renewal

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An Open Letter to John Dramani Mahama from Charles Owusu Juanah, Esq
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Home Tag Prohibited/invalid financial transactions

Tag: Prohibited/invalid financial transactions

digital innovation, soccer betting, trading in illicit goods, foreign currency, credit cards, fund managements, Misconceptions about Islamic finance, financial literacy, housing, sovereign debt, key, money, Entrepreneurship, Import Financing, Financial Transactions, legal jargon, Islamic Fintech, Istisna’a Contract, Women Empowerment, zakat, Islamic Finance Professionals, Islamic, Islamic accounting, Salam Sale Contract, Ijarah

Lifestyle

Islamic Finance: Prohibited / invalid financial transactions

by Osumanu Al-Hassan

December 3, 2023

When the prophet arrived in Madinah in 622 CE, he permanently abrogated approximately 30 different financial and economic transactions

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