Ibahah


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Ibahah

In Islamic law, the principle that anything is permitted as long it is not specifically prohibited. Ibahah especially applies in economic and commercial matters. That is, one may conduct any business one pleases so long as it does not contradict some definite injunction of the sharia.
References in periodicals archive ?
While Ruslan [7], grouping the meaning of imperatives into eleven kinds, namely: nadb (sunna / recommendations), Ershad (guided or instructed), prayer (petition), Ibahah (allow), Tahdid (blasted), Ta'jiz (weaken), Ikram (saluting), Tafwild (surrender), Talhif (sorry), Takhyir (select), and Taswiyah (equation).
Indeed, given the Islamic principle of permissibility (Ibahah), which renders all commercial transactions Shari'ah compliant in the absence of a clear and specific prohibition, he argues that futures and options could form a valid part of Islamic finance.