Knowledge
Islamic finance
Short articles and step-by-step modules, sourced and reviewed by the Dalil committee: Quran, Sunna and reference works. For a personal situation, consult your imam.
1 to 7 of 7 articles
The household budget: spend without wasting, save without stinginess
Rent, food, schooling, funerals, celebrations: how to divide an income according to Islam's priorities, between family rights, charity and savings.
Islamic financeZakat in Côte d'Ivoire: the nisab for 1447-1448 and the Zakat Waqf Foundation
The nisab is set at 1,065,050 FCFA until Sha'ban 1448, by the Board of Scholars of the Zakat Waqf Foundation, supported by COSIM. Who sets the threshold, how, and how to pay one's zakat.
Islamic financeRiba: why Islam forbids usury
Permitted trade, forbidden usury: what the Quran and the Sunna say, what riba is, and why the rule protects the lender as much as the borrower.
Islamic financeZakat on savings: threshold, duration and calculation
Who must pay zakat, on what, from what threshold, and to whom to give it. With a worked example in FCFA and the calculation at the day's rate on WhatsApp.
Islamic financeDebts and contracts: write, repay, make it easier
The longest verse of the Quran speaks about debts. Write it down, repay on time, grant an extension: three simple rules that avoid many disputes.
Islamic financeInvesting in the stock market: which shares are permitted?
Buying a share means becoming a partner in a company. What the Islamic Fiqh Academy and AAOIFI say, the screening ratios, purification, and practices to avoid.
Islamic financeIslamic banking and sukuk in Côte d'Ivoire: what the law says
Since 2018, the BCEAO has regulated Islamic finance in the UEMOA. Murabaha, ijara, mudaraba, investment accounts, state sukuk on the BRVM: the facts, with the texts to back them up.