If sukuk are equity based, yet with a periodic disbursement, why not model them on preferred shares and change the underlying disbursement structure?
Sukuk vs. Preferred Shares
Cooking Rice, Not Engineering It: Al-Shatibi’s Guidance on relevance in Usul al-Fiqh Studies
May 17, 2023
Consider the process of teaching someone to cook rice. You wouldn’t initially throw them into a deep discussion about the variations among Fahrenheit, Celsius, and…
Is it Forbidden to Pay Riba? Or is it only forbidden to charge it?
September 8, 2022
Recently someone presented to me the opinion or the assumption that it’s not forbidden to pay interest, it’s only forbidden to take interest claiming that…
Personal Finance: What is your net worth?
August 24, 2022
So you’re wondering what your net worth is. Your net worth is essentially everything you own minus everything that you owe. So if you have…
NFTs: Non-Fungible Tokens – A Very Simple Explanation
November 19, 2021
NFTs give you something that can’t be copied. Not a picture itself (anyone can take a screenshot). Here we’re going to use art as an…
When is staking your crypto allowed?
November 16, 2021
There are three situations in the market currently where they use the word “staking” but mean something different each time. You need to learn what’s…
What makes a crypto coin Shariah Compliant?
November 16, 2021
For those of you concerned with the Shariah compliance of the coins you are buying, Asking yourself these 5 questions will help guide your coin…
Zakat on Assets – A Quick Review
April 12, 2021
Let’s talk Zakat on Assets: – 1st, assets you do not pay Zakat on. – 2nd, assets you do pay Zakat on. – 3rd, deductions and expenses that…
Is SAFE document Equity Conversion Shariah Compliant?
March 23, 2021
SAFE documents are not loans. They are warrants for future equity. The structure found in the SAFE agreement is permissible and offers a viable, interest-free…
Book Excerpt – The Greatest Gifts
June 10, 2020
The following is an excerpt from a collection of short essays I’ve been writing over the last few years, each one encapsulates an event in…