Sharia | Practical Law

Sharia | Practical Law

Sharia

Sharia

Practical Law UK Glossary 7-203-8719 (Approx. 3 pages)

Glossary

Sharia.

Also known as Shariah or Shari'ah. Islamic principles and jurisprudence derived from a number of sources, including the Quran. Principles relevant to the financial markets include overlapping prohibitions on riba (interest), maisir (speculation akin to gambling), gharrar (uncertainty) and unjust enrichment.